Embraer has revised its full-year 2018 guidance, lowering expected net earning from $5.4-5.9bln to $5.1bln, the OEM announced on January 16 during Embraer Day with investors in New York. Lower deliveries of executive jets (91 down from 105-125) and one-off…
Before this year’s summer peak French airline Joon will have been fully integrated within Air France, the airline confirms to Airinsight. This comes only 19 months after Air France’s ‘little sister’ started operations on December 1, 2017 and after Joon…
Emirates will reduce capacity by 25% and park 48 of its 258 aircraft during the Dubai International Airport (DXB) southern runway refurbishment, the airline announced on January 13. The 4.500m long by 60m wide southern runway has reached the end…
Virgin Atlantic has de-facto got itself a feeder airline, by agreeing to take a stake in UK regional airline Flybe. The deal secures the future of Flybe, whose history goes back to November 1979 as Jersey European Airways, but the…
Lufthansa Group confirmed its position as Europe’s leading airlines group by carrying a record number of 142.3m passengers in 2018, it announced on January 10. This is a 10% increase over 2017 and 9.4m passengers more than its next competitor…
Beaten by Boeing this time: that sums up 2018 for Airbus, who released its commercial results on January 9 – one day after Boeing. The European OEM delivered a record 800 airliners, up from 718 in 2017 but lower than…