Arabian full-service carrier Oman Air has announced a comprehensive restructuring plan that will take up to three to four years to complete. The restructuring is done “in the interest of financial sustainability and operational continuity”, the airline said on August 8.…
Entebbe International Airport appeared to be consolidating the gains registered during 2022, with passenger traffic during the first half of 2023, surpassing pre-pandemic levels for the first time in three years. Traffic through Uganda’s major international gateway, edged 0.71 percent past…
China Eastern Airlines has launched double COMAC C919 operations between Shanghai and Chengdu on August 4. It is the first time that two C919s have been operating on the same route. China Eastern took delivery of the second C919 on July…
UPDATE – Five major eVTOL start-ups announced various program updates last week for their Advanced Air Mobility (AAM) programs, both technically and financially. This includes Joby Aviation flying its first production aircraft, Vertical Aerospace making good progress with its first…
Here’s the updated model. Notes: YTD A321 deliveries outpace A320 by ~1.5. This is, in our view, a crucial item to be watching. A321neos are 52% of YTD orders and 47% of YTD deliveries. The chart shows how single-aisle…
Air Lease Corporation (ALC) experienced a quarter of “strong growth and meaningful aircraft sales”, which helped drive a $164 million net income. While the US lessor is confronted with continued delivery delays, the upside is strong demand for used aircraft…