Commercial How a pandemic grounded the aviation industry – SMH Mitsubishi and Bombardier will complete its acquisition of the CRJ program on June 1 – NewsWire The lessors exposed to Hainan Airlines’ financial woes – FlightGlobal Green shoots in some…
International Airlines Group (IAG) posted a EUR -1.860 billion net loss for Q1, it announced on May 7. Excluding special items, this was EUR -535 million. IAG expects that a long recovery to pre-Covid levels will take until at least…
Air France-KLM recorded deep-red results for Q1 2020, reporting a EUR -1.803 billion net loss including exceptional items. It felt the impact of the Covid 19-restrictions especially in March, which doesn’t bode well for Q2 when the situation has been…
In examining earlier industry recessions, the path to recovery is an interesting topic. Which classes of aircraft lead the way back for the industry, and which recover more slowly? If the past is prologue, we should expect similar behavior as…
Imagine running a business as complex as an airline. There are so many exogenous factors to consider – the weather is an obvious one and, of course, the regular contagions like wars, SARS, COVID, and financial meltdowns. Then you have…
Commercial Boeing and Embraer – jilted at the altar? – AeroSociety GE Aviation expands job cuts to 25% of global workforce – FlightGlobal COVID detection trials landing at Heathrow – Heathrow Lufthansa Technik working on A380 passenger to cargo conversion…