Etihad announced another loss-making year on March 14. It ended 2018 at $-1.28bln, which is a slight improvement on the $1.52bln loss the previous year. The second year of its transformation program saw its core operating performance improve by 15…
Lufthansa Group saw its net profit in 2018 reduced to €2.161bln, down 8 percent from €2.340bln the previous year. Adjusted EBIT was 4 percent lower at €2.836bln. This means that the German/Austrian/Swiss airlines group lost its top ranking as the…
Lufthansa has decided a significant renewal of its long-haul fleet on March 23, by announcing it has placed a follow-on order with Airbus for 20 A350-900s but also becoming a Boeing 787-customer, with an order for 20 -9s. Out will…
[That was quick – The FAA just grounded the MAX as well, moments after we posted this] The FAA and the US carriers flying the MAX are under pressure from all sides. The clamor for the MAX to be grounded…
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