Here is our rolling report with short aviation news for the month of January 2022: 31 – Lessor TrueNoord has raised $250 million in new funding that it plans to use for building its fleet of regional aircraft. The funding has been…
Despite continued travel restrictions within the Asia Pacific region, Korean Air has returned to profit in 2021. The carrier benefitted in particular from strong cargo revenues, which increased by almost sixty percent year-on-year, it reported in January 27. Operating profits were…
Ryanair is being “wary and cautious” on new Covid-variants popping up in the next three to six months. Without them, the Irish carrier should have a strong end of its FY22 and start of FY23, which begins in April. Omicron…
Alaska Airlines is risking losing more pilots if it doesn’t successfully and quickly complete negotiations with pilots union ALPA. Negotiations over additional benefits have reached an impasse since starting in October. The Seattle Times quotes ALPA that it is seeing “a…
After a long search, start-up Boom Supersonic has selected Piedmont Triad International Airport in Greensboro (North Carolina) as the manufacturing site of its Overture supersonic transport, it announced on January 26. Boom plans to start production of the first prototype in…
2022 will be a “transitional year” for US low-cost carrier JetBlue. It plans to pull “meaningful levers” to restore its earnings and improve on costs after reporting a $182 million net loss for 2021, including a $129 million loss in…