by Richard Schuurman | Feb 15, 2021 | Airlines
Low-cost airline Air Arabia has turned the corner on a very difficult 2020 by reporting a small but significant profit of AED 20 million for its final quarter. It remains to be seen if the carrier can keep this up for the current quarter, but measures with cost...
by Richard Schuurman | Feb 14, 2021 | Aerospace
Two of the world’s most influential lessors, Avolon and Dubai Aerospace Enterprise (DAE), have recorded a significant drop in profits over 2020, a year described by both as “challenging” and “extraordinary”. Yet, both are optimistic about the recovery of the air...
by Richard Schuurman | Feb 12, 2021 | Airlines
Air Canada has ended 2020 with a record-loss of C$-4.647 billion, compared to a C$1.476 billion profit the previous year. The “catastrophic impact of Covid-19 and government-imposed travel restrictions and quarantines” to Canada and between states have cost the...
by Richard Schuurman | Feb 12, 2021 | Embraer
Brazilian airframer Embraer delivered just 44 commercial aircraft in 2020, only half of the 89 in the previous year. The lower numbers reflect the impact of the Covid-crisis on both production of the E-jets buts especially of the (un)willingness of airlines to take...
by Richard Schuurman | Feb 12, 2021 | Airlines
Delta Air Lines kicked off the fiscal year 2020-results presentation on January 14, being the first US airline to have analyzed the numbers of the deep red year. In the coming weeks, we will update this story on all the major US airlines. Spirit Airlines (February...
