The operational fleet counts just nine aircraft right now, but Singapore Airlines’ announcement on April 2 that it has grounded two Boeing 787-10s due to Rolls-Royce Trent 1000 TEN issues does ring an alarm bell. Reported by Channel News Asia…
Major European travel and airline TUI Group is expecting the grounding of its Boeing MAX 8-fleet to cost €200mln. That is when the grounding lasts until the Summer. If extended until September, another €100mln impact on its before-tax results is…
Almost seven years since starting its first flight, Iceland’s long-haul low-cost airline WOW Air has thrown the towel. The airline announced on March 28 that it has ceased all operations, following months of uncertainty over its future. WOW failed to…
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On March 4 we reported on the signing of the new aviation agreement between the European Union and Qatar. From the European Commission press release, it was not clear what the implications of the agreement are. With some delay, Airinsight…
Brazilian airframer Embraer reported a $54.2mln loss over 2018, compared to $312.9mln profit in 2017. Revenues were down from $5.859bln to $5.071bln, which is slightly below its guidance given on January 16. Already then Embraer said the 2018 results would…