Etihad reported a $758 million core operating loss for HY1 as it too has been hit hard by the Covid-crisis. Revenues were $1.7 billion, down from 2.7 billion from last year, it said on August 5. Losses were partially offset…
Lufthansa Group’s difficult and painful second quarter and first half-year, in which it was forced to start a deep restructuring and the German state became a shareholder again, translated into somber financial results. The airline ended HY1 at a €3.617…
Virgin Australia will resize its operations to an all-Boeing 737 fleet and for the time being, only operate on domestic services. Long-haul is only to resume when the market sustains these services, the airline said on August 5 when it…
The AirInsight US Airline Performance Index remained quite stable during July, unfortunately at a relatively lower level than might have been desired. After a promising start with the 4th of July weekend, the index settled into a stagnant pattern for…
Yesterday the FAA issued its list of four key items on the MAX that need to be fixed and asked for public comment. You can see the FAA’s 96-page preliminary document here. This is the event the industry has been…
The US airline industry continues to experiment, under severe (and mounting) pressure to find the optimal/least painful network deployment. We updated our models through the month-end and discovered that an under-reported factor bears consideration. Before the pandemic plunge, several smaller…