Latin-America’s LATAM Group has reduced its workforce by almost 7.100 since the start of Q2 and is in the process of a significant reduction in fleet size as it continues to restructure under Chapter 11 bankruptcy protection. On August 18,…
Qantas is on target with its three-year recovery plan to exit the current crisis but it will take some measures before it can emerge as a healthy airline again. The Australian airline reported a A$124 million underlying profit but a…
Brazilian low-cost airline Azul has reached agreements with airframers and lessors about the deferral of aircraft deliveries and payments for leased aircraft. This will provide Azul with a working capital relief of R$3.2 billion until December 2021, it said during…
Air France’s plan to radically overhaul its domestic operations with a prominent role for Transavia France has received a major boost this week when the majority of pilots’ union SNPL voted in favor of the proposal. This will allow the…
Cathay Pacific announced a HK$9.865 billion HY1 loss on August 12, in line with its unaudited profit warning on July 17. It ended the most challenging first six months the group has ever faced in its 70-year history, CEO Richard…
It’s not a repeat of the Trent 1000 issues, Rolls-Royce stresses, but now its XWB-84 too needs extra inspections and parts replacement because of high wear of Intermediate Pressure Compressor (IPC) blades. Europe’s EASA is about to release an Airworthiness…