While the EUR -7.0 billion net loss of Air France-KLM has come as a shock, International Airlines Group (IAG) hasn’t fared much better in 2020. On February 26, it reported an almost identical loss after tax of EUR -6.923 billion compared…
It’s been a milestone without much fanfare except for a few tweets, but Pratt & Whitney has had something to celebrate recently: on January 25, the Geared Turbofan (GTF) has been in commercial service for five years on the Airbus A320neo.…
While the Covid-crisis is far from over, Airbus is confident that the world’s economy and air travel industry will see no further disruptions in 2021. Based on this assumption, the European OEM expects deliveries of commercial aircraft to be on…
Longview Aviation Capital will continue to invest in the De Havilland Canada Dash 8-400 program but will take a time-out on the production as it explores options for a new production site. The Canadian investor reaffirmed its long-term commitment to…
Abu Dhabi’s Etihad and Bahrain’s Gulf Air plan to expand their partnership beyond the current codeshare agreement and will grow their network with new routes, the two Gulf carriers announced on February 17. Etihad CEO Tony Douglas and Gulf Air…
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…