News Fresh after the elections the government is once again trying to sell Air India. The last attempt did not attract even one bidder. It appears the goal is to try attract a bid for $1Bn for the airline. This…
Rolls-Royce has been dealt a serious blow with the announcement by Air New Zealand on May 27 that it has selected the General Electric GEnx-1B to power its 8 Boeing 787-10s. Ahead of the deal announced on the airline’s investors…
Not just the motorracing community but the aviation world as well is mourning the passing of Niki Lauda, who died on May 20 at the age of 70 after months of detioriating health after a lung transplant. Lauda is famous…
Ryanair, Europe’s low-cost and low-fare champion, has seen its FY2019 profit drop by 29 percent thanks to… low fares. The Irish LCC announced a EUR 1.02bln profit on May 20, compared to EUR 1.45bln for FY2018. Ryanair at 139.1 million…
Easyjet has ended HY1 2019 with a headline loss before tax of £-275mln, compared to -18mln the previous year. Total loss before tax is -272mln (-68mln). Still, the airline said on May 17 it has delivered in line with expectations.…
Singapore Airlines is reasonably satisfied with the results for its fiscal year 2018-2019 it announced on May 16. A net profit of $682.7mln was down from the previous year’s $1.301bln, but results are still solid in a nervous environment. Singapore…