Engine maker CFM International, owned by General Electric and Safran, expects deliveries of its LEAP engine family to be back on schedule by the middle of the year, GE said at the company’s Q4 presentation. CFM delivered 1.118 LEAPs to…
Airbus has confirmed it is ‘in discussions’ with Emirates ‘in relation to its A380 contract’, responding to reports from Reuters that the airline wants to swap some double-deckers on order for A350s. If confirmed, this casts serious doubt over the…
Boeing expects to deliver 895 to 905 commercial aircraft in 2019, up from 806 in 2018. The guidance reflects the ramp-up in production of the 737 MAX-family to 57/month and 787 to rate 14, both planned for this year. While…
Turboprop manufacturer ATR stabilized its turnover in 2018, booking a result of $1.8bln identical to the previous year. However, sales and deliveries were below the record-level of 2017, the Franco-Italian OEM reported on January 31. 2017 had been an outstanding…
Central and Eastern European ultra-low-cost airline Wizz Air presented mixed results on January 30 in its Q3 FY2018/2019 results update. While revenues increased 21.2% to €512.7m, its net profit year-on-year dropped 87.6% to just €1.7mln and net profit margin to…
Market capacity outgrowing demand, valuta risks and higher fuel costs are likely to impact the 2019 result of Scandinavian airline SAS, which can look back on a record-year 2018. SAS announced its November 2017-October 2018 results on January 29. They…