Air Canada is not ruling out it has to make deeper cuts in its network and canceling new aircraft orders, including that for the home-built Airbus A220s, as the Covid-crisis continues. Due to strict travel restrictions the airline has been…
International Airlines Group (IAG) is to stick to its downsizing policy and will continue to restructure its portfolio of airlines as it looks to emerge from the Covid crisis. This will be a painful process with many job losses, but…
Air France-KLM has ended the second quarter and first half-year deep in the red. It recorded a EUR -2.612 billion Q2 net loss or EUR -4.413 billion in HY1, the airline group announced on the evening of July 30, 12…
The half-year 1-results of Airbus clearly reflect the crisis the aerospace sector is in now, with the European airframer reporting a net loss of EUR -1.919 billion on July 30. This compares to a €1.197 billion profit for the same…
Singapore Airlines has ended its Q1 for fiscal year 2021 at a $-1.123 billion net loss as it saw traffic collapse by 99.6 percent, the airline reported on July 29. SIA is evaluating additional measures to adjust the size of…
Boeing has further revised its production rates for 2021 and 2022, it reported on July 29 at the presentation of its Q2 and HY1 results. The airframer confirms that first deliveries of the 777-9 (to Emirates) have slipped by a…