The second quarter earnings reports from 54 airlines confirms aggregate profits declined year-on-year in every region with the exception of Europe—for the first time in eight quarters. As pointed out by an IATA spokesman, “A tough environment getting tougher; certainly…
IATA released an interesting PR this morning. Aviation security is a big issue that has, in a post 9/11 world, added high structural costs to commercial aviation that are very hard to recover. These costs are clearly a burden on…
Teal Group’s Richard Aboulafia took an unusual way of looking back at 9 Richard describes how the impact of 9/11 has played out. His view is that the sad day did not create the long term impact one might have…
Wall Street seems in a panic over the outlook for American Airlines, and the prospect that the only major US carrier that has avoided Chapter 11 restructuring in recent years may be forced into a filing due to the economic…
While in Seattle to take delivery of his airline’s 100th airplane, Qatar CEO’s Mr Al Baker shared that the reason Cargolux had not taken delivery is related to a 2.7% fuel-burn shortfall on the new freighter’s GE engines. Since Qatar…
Avianca signed a firm order for four A330-200Fs. The new aircraft will be operated by Avianca’s cargo subsidiary Tampa. Avianca will announce an engine choice later (ignore the Trents in the picture). The A330Fs will replace Tampa’s current cargo fleet…