Rolls-Royce Trent 7000 reaches milestone but has its issues
Month November 2022
Airbus settles old corruption cases with French prosecutor
UPDATE – Airbus has reached a settlement with the French Financial Prosecutor’s Office (PNF) to avoid prosecution and a potential substantial fine in two corruption cases. The cases involve the acquisition of civil aircraft, helicopters, and satellites by Libya and Kazakhstan…
ITA Airways’ future now seems to depend on Lufthansa and Italian railway company FS
Italian media speculate that Lufthansa is looking for a new partner to acquire a majority stake in ITA Airways. The name that is mentioned most often is that of the Italian railway company Ferrovie Dello State Italiane, or FS for short.…
LATAM and Delta announce first non-stop joint venture’s route
LATAM Airlines Group and Delta Air Lines have announced today the first non-stop route between Sao Paulo Guarulhos International Airport (GRU) and Los Angeles International Airport (LAX). This is the first route derived from the company’s joint venture agreement and…
Russian sanctions bite deeper
Russian sanctions bite deeper
Qantas upbeat about even higher pre-tax profit
Qantas continues to update its HY1 guidance but in a positive way. As demand continues to soar, the Australian carrier expects to close its first six months of FY23 with an underlying profit before tax of between A$1.35 billion and…