Captains of Europe’s Big Five airlines are worried but not in a panic about how Covid-19 will impact the air travel industry this year. At least, that has been their message at the Airline 4 Europe (A4E) Aviation Summit in…
Rolls-Royce is confident its cash costs on the Trent 1000 have peaked last year and that costs and issues with the large turbofan engine are fully under control now, the UK-maker said at its FY19 results presentation. On February 28,…
International Airlines Group (IAG) has reported ‘good results’ for 2019 despite disruptions and higher fuel costs. Still, they were worse compared to 2018. IAG recorded an operating profit before exceptional items of EUR 3.285 billion, down -200 million from the…
London’s Court of Appeal produced a most interesting surprise on February 27 as it has thrown London Heathrow’s third runway expansion plans out of the window. For now, that is. Airport expansion plans have found their Waterloo in other court…
Major aircraft propulsion and equipment maker Safran recorded a solid 2019, with a net income up 26.4 percent to EUR 3.820 billion, it reported on February 27. Revenues were up 17.1 percent to EUR 26.640 billion. All segments (propulsion, equipment,…
SAS currently is not in a position to make a decision on the renewal of its short- to medium-haul. The Scandinavian airline still has question marks over the reliability of the Airbus A220 and Embraer E190-E2 it is looking at,…