Heard on the Tarmac – Air France 787s on the way out?
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Consolidation among US airlines has seen a sharp rise in the market power of a few very big companies. Looking only at the 3Y18 numbers we see the following. The big three account for over 60% of the market. Adding…
Airbus has confirmed it is ‘in discussions’ with Emirates ‘in relation to its A380 contract’, responding to reports from Reuters that the airline wants to swap some double-deckers on order for A350s. If confirmed, this casts serious doubt over the…
Central and Eastern European ultra-low-cost airline Wizz Air presented mixed results on January 30 in its Q3 FY2018/2019 results update. While revenues increased 21.2% to €512.7m, its net profit year-on-year dropped 87.6% to just €1.7mln and net profit margin to…
Market capacity outgrowing demand, valuta risks and higher fuel costs are likely to impact the 2019 result of Scandinavian airline SAS, which can look back on a record-year 2018. SAS announced its November 2017-October 2018 results on January 29. They…
Low-cost carrier Norwegian is set to reduce its short- and medium-term fleet plans, by announcing deferral of new aircraft deliveries and divestments of aircraft currently owned, it said in a January 29 announcement to investors. Full details will be disclosed…