Croatia Airlines orders Airbus A220
Croatia Airlines Orders Airbus A220
Month November 2022
easyJet benefits from strong demand and business transformation
European low-cost carrier easyJet significantly reduced its losses in FY22, thanks to a strong summer that produced a record-high EBITDAR. For FY23, the airline will try to focus on its key markets to build back to pre-pandemic levels. And it will…
airBaltic further reduces loss on the way to profitability
airBaltic reduced its net loss for the first nine months of 2022 by half, thanks to the recovery of air travel in the past months. But the airline from the Baltic States is feeling the effects of the war in…
In conversation: Gidon Novick
In conversation: Gidon Novick
Norse secures financial buffer for its Gatwick operations
Norse Atlantic has successfully raised NOK 300 million ($30 million) through a conditional private placement of 120 million new shares. Proceeds of the placement will be used as a cash buffer for the airline’s subsidiary Norse Atlantic UK. Norse secures…
Rolls-Royce completes first test with hydrogen engine
It’s just the first of many tests, but Rolls-Royce has successfully completed testing direct-burn of hydrogen in a modified aircraft engine. A number of tests were done in early November as part of a joint program with easyJet. Rolls-Royce completes first…