by Richard Schuurman | May 7, 2021 | Airlines |
Japan Airlines (JAL) has set some aggressive targets for the current decade to 2030 to become more profitable, competitive, and sustainable. It presented its medium-term management plan on May 7, which includes a projected EBIT of Yen 170 billion in FY23, Yen 185...
by Richard Schuurman | May 6, 2021 | Airlines |
SWISS International Air Lines is forced to make deeper cuts in its organization and fleet, it announced on May 6. It confirms that the state of Europe’s airlines is still far from stable. Drastic actions are unavoidable as the national carrier of Switzerland...
by Richard Schuurman | May 6, 2021 | Airlines |
The second quarter is almost halfway through but Air France-KLM already knows enough: as lockdowns and restrictions continue, Q2 is no better than Q1. The operating result will be almost identical to that of the first quarter. This wasn’t good, as the group reported a...
by Richard Schuurman | May 5, 2021 | Aerospace |
Lower production rates at Boeing and Airbus combined with quality issues on the 787 Dreamliners have forced tier-1 aerostructure supplier Spirit Aerosystems to make a $72.4 million pretax forward charge. The loss is caused by the 787 and A350 rates and issues, the...
by Richard Schuurman | May 4, 2021 | Airlines |
On numerous occasions in recent months, Turkish Airlines has been acclaimed as the most active airline in Europe. Despite new Covid-waves and lockdowns, the airline frequently operated the most daily services both domestic and internationally, Eurocontrol said. It is...
