Etihad announced another loss-making year on March 14. It ended 2018 at $-1.28bln, which is a slight improvement on the $1.52bln loss the previous year. The second year of its transformation program saw its core operating performance improve by 15…
Lufthansa Group saw its net profit in 2018 reduced to €2.161bln, down 8 percent from €2.340bln the previous year. Adjusted EBIT was 4 percent lower at €2.836bln. This means that the German/Austrian/Swiss airlines group lost its top ranking as the…
Lufthansa has decided a significant renewal of its long-haul fleet on March 23, by announcing it has placed a follow-on order with Airbus for 20 A350-900s but also becoming a Boeing 787-customer, with an order for 20 -9s. Out will…
The crisis around the Boeing MAX has deepened on March 12, with more countries and airlines suspending operations of the type until further notice. Early evening EASA has issued a Europe-wide suspension of MAX operations until further notice. “As a…
This story is for subscribers only. Sign in to your account. Sign up for Corporate account Sign up for Annual individual plan Sign up for Monthly individual plan
Within an hour after the news broke of the tragic loss of Ethiopian Airlines flight ET302 and without a single piece of evidence as to what caused the crash, quite a few people on social media had drawn their conclusion:…