With more and more airlines reducing and even stopping flights to China, the airline industry braces itself for the effects the coronavirus will have on air travel. Is this a short blip that will be overcome in weeks or will…
Boeing ended 2019 with a net loss of $636 million, down from a $10.460 billion profit the previous year, reflecting the annus horribilis that followed the MAX-issues. Commercial Airplanes suffered most, recording a net los for the full year of…
Boeing gave itself a psychological boost on January 25 when the 777-9 completed what seems to have been a trouble-free first flight. It is the start of a rigorous test flight program that is expected to take 16 months until…
The future of German leisure airline Condor has been secured after Polish Aviation Group (PGL) announced it will take over the airline. The agreement is expected to be completed in April and means consolidation in the Central/Eastern European market. Condor…
Airbus Toulouse will get an extra production and final assembly line for the A321neo, the company has announced on January 21. The additional capacity should relieve the current assembly facilities in Hamburg, which face great difficulty in coping with demand…
Airlines can soon hedge their ticket price revenues with a new financial product launched by Airbus-subsidiary Skytra Ltd. The tool was unveiled on January 20 in Dublin, where this week the air financial and leasing industry gathers for the Airline…