Turkish Airlines built on its strong results in 2022 by announcing another increase in its net profit in Q1 2023. Turkish reported a $233 million net profit, up from $161 million a year earlier. The airline operated at higher international…
Long-time Boeing customer Biman Bangladesh Airlines is set to purchase up to ten Airbus A350 aircraft. The adviser to the country’s Prime Minister, Salman Rahman, signed an Aviation Trade and Investment Partnership with the UK Minister of Business and Trade, Lord…
Usually, they are seen as rivals, but this time, Emirates and Etihad are to partner. The two carriers of the United Arab Emirates announced a Memorandum of Understanding on Thursday on an interline agreement, which targets to attract more tourists to the…
Embraer says it is running sales campaigns for some 200 commercial aircraft and is optimistic that it will conclude agreements for most of them. The Brazilian airframer has active negotiations with potential customers around the world, President and CEO Francisco…
Spirit AeroSystems expects the Boeing 737/MAX tailfin production issue to have at least a $31 million impact on the full-year gross profit. Of this, the Tier 1-supplier incurred $17 million in its Q1 results, but additional costs are likely, the company…
Airbus produced some disappointing Q1 results, with a net profit that was 62 percent down on 2022 at €466 million. The airframer blames the lower profit on lower aircraft deliveries, a less favorable currency hedge rate compared, and investments for preparing…