Flag carrier TAP Portugal will have to restructure from early next year by reducing its staff by 2.000 and its fleet by at least a dozen aircraft, Portuguese Minister of Infrastructure and Habitation Pedro Nuno Santos said during a media…
As recovery of the long haul air travel segment is expected to take longer than was expected even a few months ago, Boeing has responded by reducing the production rate of its Dreamliner-family. Instead of rate six from mid-2021, the…
Qantas expects to see the first signs of financial recovery during the second half of its financial year 2021 (FY21), which runs from January until June. While the statutory loss will still be significant, the underlying EBITDA should be close…
Irish low-cost Ryanair has placed an order with Boeing for 75 MAX 8-200s, confirming media reports from earlier this week. It brings the airline’s backlog for the high-density version of the MAX 8 to 210. The 75 were earlier listed…
SAS is early retiring almost one-third of its Boeing 737NG-fleet, converting some of them to full-freighters. Most of the Airbus A340-fleet is also to be retired, the airline said on December 3 during its FY2019/20 results presentation. Before Covid, the…
The Covid-pandemic that currently rules the airline industry will result in reduced demand for commercial airliners up to 150 seats in the next ten years. A new market cycle will force airlines to focus on versatility, operating efficiency, and profitability,…