Kenya Airways, SAA fast tracks pan African airline birth
floating a pan African airline could happen earlier than expected
Category Airlines
AirInsight News in Brief – January
Here is our rolling report with short aviation news for the month of January 2022: 31 – Lessor TrueNoord has raised $250 million in new funding that it plans to use for building its fleet of regional aircraft. The funding has been…
Korean Air reports strongest year thanks to cargo
Despite continued travel restrictions within the Asia Pacific region, Korean Air has returned to profit in 2021. The carrier benefitted in particular from strong cargo revenues, which increased by almost sixty percent year-on-year, it reported in January 27. Operating profits were…
Price stimulation continues to eat into Ryanair’s yields
Ryanair is being “wary and cautious” on new Covid-variants popping up in the next three to six months. Without them, the Irish carrier should have a strong end of its FY22 and start of FY23, which begins in April. Omicron…
Court approved Aeromexico’s Chapter 11 plan
Yesterday, the US Bankruptcy Court approved Aeromexico’s Chapter 11 plan. The airline is now set to exit Chapter 11 proceedings after more than a year and a half under financial reorganization. Moreover, if Aeromexico’s business plan is executed correctly, the…
Recovery in the face of adversity
The numbers for 2021 were only marginally better than the worst year ever