Kenya Airways saved $45 million after it changed aircraft lease terms

Kenya Airways saved $45 million after it changed aircraft lease terms

Kenya Airways saved $45 million after it changed aircraft lease terms

It’s just a S$76 million operating profit, but Singapore Airlines produced its first profit since the start of the pandemic in 2020. In the third quarter of FY21/22, the airline benefitted from more passenger traffic on its vaccinated travel lanes…

The road to recovery has some way to go, but the situation around Covid seems to be stabilizing to offer Qantas the chance to recover strongly in the next few months. Domestic capacity should be back to 90-100 percent before the…

Air New Zealand expects to launch an equity capital raise by the end of March or early April as part of its steps to recapitalize its balance sheet. The airline is suffering from the ongoing travel restrictions on its international network,…

For some time during the first phase of the pandemic, China Southern Airlines was the world’s only and as such most-active operator of the Airbus A380. But just as the airline is emerging from the Covid-crisis it has decided to gradually phase…

First, there were the targets from the 2020 recapitalization plan, followed by an enhanced operating model late last year to give it more flexibility. Now, Scandinavian airline SAS has announced a full transformation of its business to secure its long-term position.…