Lessor Air Lease Corporation (ALC) isn’t ruling out it has to make further material changes to its delivery schedule if current market circumstances continue to be weak for a prolonged time. ALC has reduced its order book since January from…
Etihad reported a $758 million core operating loss for HY1 as it too has been hit hard by the Covid-crisis. Revenues were $1.7 billion, down from 2.7 billion from last year, it said on August 5. Losses were partially offset…
Lufthansa Group’s difficult and painful second quarter and first half-year, in which it was forced to start a deep restructuring and the German state became a shareholder again, translated into somber financial results. The airline ended HY1 at a €3.617…
Embraer has delayed first deliveries of the E175-E2 by one year until 2023, the Brazilian airframer said on August 5 in its HY1-results announcement. The smallest version of the E2-family has been rescheduled “given the current market conditions for commercial…
Virgin Australia will resize its operations to an all-Boeing 737 fleet and for the time being, only operate on domestic services. Long-haul is only to resume when the market sustains these services, the airline said on August 5 when it…
Boeing has to complete four design changes on the MAX before the type will be certified for re-entry into service, the Federal Aviation Authority FAA has outlined in its Notice for Proposed Rulemaking on August 3. The document, which has…