Airbus dusts off its plans for a new A320 final assembly line (FAL) in Toulouse. A year after the plan was mothballed due to the effects of the Covid-crisis, the former A380 Final Assembly Line in the Lagardère building will…
Mitsubishi Heavy Industries (MHI) will reassess a possible program restart of the SpaceJet during the current financial year 2021, which runs until March 2022. The decision is marked as a ‘key activity’ in this year’s planning, the Japanese company said during…
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…
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…
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…
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…