International Airlines Group (IAG) surprised a few on February 28, by announcing a long-haul fleet renewal for British Airways. The airline has ordered 18 Boeing 777-9s for delivery between 2022 and 2025, with options on 24 more. The 777-9s will…
Rolls-Royce has withdrawn its participation to Boeing’s New Mid-market Aircraft (NMA), citing conflicting time schedules as the major reason for its decision. Rolls- Royce announced its decision on February 28 during the presentation of its 2018 results but had informed…
Aircraft propulsion and equipment maker Safran reported solid 2018 results on February 27, both financially as well as on the status of its various programs and divisions. Revenues of its six business divisions increased by €5.097bln to €21.050bln, of which…
The Dutch government has bought shares into Air France-KLM Group holding since February 20. After announcing an initial purchase of 12.68% for €680mln on Tuesday, more shares were bought on Wednesday to equal the 14% of the French government. Secretary…
Air Lease Corporation (ALC) is on-track for its target of reaching $20bln of assets this year, having grown its portfolio of owned and managed airliners in 2018 by 18.3% to $15.7bln. Continued strong demand for new aircraft gives ALC confidence…
Like a year ago, Air France-KLM must have asked itself the question: what if? What if Air France hadn’t lost €335mln on social unrest and strikes that never seemed to end? The effect has been clearly visible in the 2018…