by Richard Schuurman | May 9, 2021 | Airlines |
It might be a bit early to think of future fleet updates in the current market situation, but Air Canada is certainly looking at options as it prepares to exit from the pandemic in the coming months. While its fleet will be adequate for the time being, the Canadian...
by Richard Schuurman | May 7, 2021 | Airlines |
International Airlines Group (IAG) reported a EUR -1.067 billion after-tax loss for the first quarter, an improvement of EUR -1.683 billion in the first quarter last year but still reflects badly, it said on May 7. The operating loss was EUR -1.068 billion versus...
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...
