Air France-KLM reported a net loss in HY1 of EUR 239 million, down from -158 million last year. In Q2 the Franco-Dutch airline group posted a EUR 81 million profit, but this was 30 million lower compared to the same…
Airbus can look back on a strong first six months, but to make 2019 a good year a lot still needs to be done in HY2. At Commercial Aircraft the priority in the next six months is mainly on one…
Overcapacity and pressure on fares and yields in Europe are hurting the continent’s two biggest airlines. After Ryanair blamed excessive capacity at below cost prices for its 21 percent drop in profit in HY1 (to EUR 243 million) on July…
Interesting news from Wizz Air: while many European airlines report lower results and yields under pressure, the ultra-low-cost airline from Central-Eastern European sees significant growth. Wizz closed its FY2020 Q1 with a net profit of EUR 72.4 million, compared to…
As expected, Boeing announced an impressive net and operating loss for its first six months of 2019, with the worst results suffered in Q2 because of the MAX grounding and reduced production output HY1 net earnings show a $793 million…
Boeing has taken a $4.9 billion pre-tax charge to cover costs resulting from the MAX grounding, compensation and production delays. That’s for Q2, so the charge might increase for the year. The airframer announced the charge on July 18, six…