As we have stated before, Iran is the last juicy-sized market that needs an airline re-fleet. Other markets have been able to acquire aircraft as needs evolved. Iran has seen its airline fleet nearly frozen in place from the late…
It might be a bit early to think of future fleet updates in the current market situation, but Air Canada is certainly looking at options as it prepares to exit from the pandemic in the coming months. While its fleet will…
Kenya Airways PLC and Airlink (PTY) Ltd. signed an interline agreement that extends Kenya Airways’ reach in the Southern Africa region. The new agreement offers customers seamless travel to over 40 cities across Africa. Kenya Airways continues to diversify its…
The 1Q21 was rough for carriers like GOL and Azul Linhas Aereas. In the past weeks, Brazil airlines presented their financial results. They operated amid the second wave of COVID-19 infections throughout the South American giant, which crippled demand. Nevertheless,…
International Airlines Group (IAG) reported a EUR -1.067 billion after-tax loss for the first quarter, an improvement of EUR -1.683 billion in the first quarter last year but still reflects badly, it said on May 7. The operating loss was…
Japan Airlines (JAL) has set some aggressive targets for the current decade to 2030 to become more profitable, competitive, and sustainable. It presented its medium-term management plan on May 7, which includes a projected EBIT of Yen 170 billion in…