Macroeconomic uncertainties and headwinds are to blame as to why Virgin Atlantic expects to return to profitability not this year but only in 2024. The economic situation in its home market in the UK will be worse than expected, notwithstanding…
Wisk Aero is entering the Japanese market for advanced air mobility (AAM), announcing a partnership with Japan Airlines (JAL). The two companies will work together on the development of AAM operations using the Wisk aircraft as well as on joint…
Airbus booked its first order for a private A330-800 in April, disclosing the deal in the Orders & Deliveries tables for the month. It makes the order a rare one, although it is not confirmed if the aircraft will be…
Months earlier than anticipated by Michael O’Leary himself, Ryanair has agreed with Boeing on an order for 150 MAX 10s plus 150 options. In March, the Group CEO of the Irish low-cost airline said that he anticipated discussions to take six months…
The reopening of Japan and China helped Korean Air to boost revenues in Q1, but this was offset by higher operating expenses and fuel costs. The airline particularly lost out on cargo revenues, which reflects the global downturn of the economy…
Almost 5.5 years after phasing out its last Boeing 747-400F freighters, Emirates is to reintroduce the type into its fleet again. The airline has secured long-term wet leases on two -400Fs to grow the freighter capacity, a step that is “showing its…