In this first of our series of previews for 2021, we look at the market for narrow-body aircraft. We break the narrow-body market into three segments, the under 140 seat segment, the 140-170 seat segment, and the over 170 seat…
In the end, aircraft deliveries are a more important metric than orders. Customers sometimes order a cheaper, smaller model, especially in the single-aisle market, and then upsize when the aircraft is ready to build. The single-aisle market carries (by far)…
Flag carrier TAP Portugal will have to restructure from early next year by reducing its staff by 2.000 and its fleet by at least a dozen aircraft, Portuguese Minister of Infrastructure and Habitation Pedro Nuno Santos said during a media…
SAS is facing a crucial month of September as the airline is seekings bondholder and shareholder approval for its SEK 14.25 billion recapitalization plan. With support from the Swedish and Danish governments and major shareholder Knut and Alice Wallenberg Foundation,…
Brazilian low-cost airline Azul has reached agreements with airframers and lessors about the deferral of aircraft deliveries and payments for leased aircraft. This will provide Azul with a working capital relief of R$3.2 billion until December 2021, it said during…
Lessor Air Lease Corporation (ALC) isn’t ruling out it has to make further material changes to its delivery schedule if current market circumstances continue to be weak for a prolonged time. ALC has reduced its order book since January from…