Month May 2020
Virgin Atlantic cuts 3.150 jobs – future still uncertain
Remember Virgin Atlantic’s bold plans for aggressive long-haul and short-haul growth, with aspirations to become the second national airline from London Heathrow? While they are only eight months old, you will find them somewhere in a trash bin. Hit hard…
US airline Op Margins – How it was supposed to be
Remember, back in the mists of time, before the Virus? It feels like so long ago. Back then the world seemed so “normal”. Here is how our model was forecasting future operating margins for the big US airlines based on…
Buy Boeing or Bye Boeing?
The past weeks have been a one-way roller coaster for everyone in Commercial Aviation, and we’ve been on the craziest ride down ever. But the Boeing story is of special interest. For some background please see this story from Bloomberg. …
Morning Call: Tuesday 5 May 2020
Commercial Germany’s Airbus suppliers ‘face ruin’ – FlightGlobal How Data Can Help Airlines Recover From COVID-19 Disruptions – GE United’s long-haul operations focus on a new “workhorse” – Wandr.me Hong Kong Airport Rolls Out Disinfection Booths – GuyanaAviation Business Honda…
Air Canada retires 79 ‘oldies’ to cut costs
Air Canada is to reduce its fleet by 79 aircraft as it seeks to cap costs and improve its financial position, the airline announced on May 4. This follows on a net loss of $1.049 billion in Q1, down from…