China’s three biggest airlines have all reported continued and often even deepening losses for 2021. Air China, China Eastern Airlines, and China Southern Airlines continued to suffer from the country’s strict zero-tolerance Covid policy. As the year progressed, rising fuel…
UPDATE – Lessor BOC Aviation said that eighteen aircraft with a book value of $935 million may be affected by the sanctions on Russia. It is too early to say if this means that it won’t be able to repossess these…
UPDATE – Embraer expects to increase its commercial aircraft deliveries this year to between 60 and 70, up from 48 in 2021. While higher, its guidance is still well below deliveries in previous years. The Brazilian airframer reduced its losses last…
Despite an “extremely challenging” start to 2022, Cathay Pacific is “resolutely committed” to protecting its position as a leading airline at its Hong Kong hub. “We have absolute confidence in the long-term future of Hong Kong. Everything we do at Cathay…
Flydubai is set to take delivery of the highest number of new aircraft in its history, expecting twenty Boeing MAX 8s from March onwards. They will assist to grow the network, although part will likely be used to replace some…
The war in Ukraine is the new uncertainty, but if the effects on the industry remain limited, Lufthansa Group is expecting a strong 2022. The airline group sees very strong bookings for the second quarter and summer. By hedging a large…