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IATA concerned about 5G roll-out plan in the US and lithium batteries

IATA concerned about 5G roll-out plan in the US and lithium batteries

by Richard Schuurman | Jun 23, 2022 | Aerospace, Airlines | 0 comments

IATA is concerned that airlines in the US could face new disruptions and problems next year caused by 5G. A mandate to upgrade radio-altimeters to FAA-approved systems in July 2023 is prepared badly, which could result in problems identical to those in January at the...
Lufthansa worried about ‘jet crack’-effect on fuel prices

Lufthansa worried about ‘jet crack’-effect on fuel prices

by Richard Schuurman | May 5, 2022 | Airlines | 0 comments

The unpredictability of crude oil prices and their effect on jet fuel prices makes Lufthansa Group very cautious about the financial results for the full-year 2022. Although the airline is seeing strong bookings, fuel costs are a negative factor. Lufthansa will...
Air France-KLM bullish about recovery in coming quarters

Air France-KLM bullish about recovery in coming quarters

by Richard Schuurman | May 5, 2022 | Airlines | 0 comments

Air France-KLM is on track for a strong recovery to profitability and will produce ‘a significantly positive’ operating result in the third quarter. After suffering deep losses in the past couple of Covid-years, the airline group reduced its Q1 net loss by more than...
ANA optimistic about a return to profitability this year

ANA optimistic about a return to profitability this year

by Richard Schuurman | Apr 28, 2022 | Airlines | 0 comments

With further signs of recovery visible, All Nippon Airways (ANA) expects to return to profitability again in the new financial year 2022. The Japanese carrier will try to maximize revenue by capturing recovering passenger demand, strengthening its position in the...
BOC Aviation happy with higher profit but worried about Russia

BOC Aviation happy with higher profit but worried about Russia

by Richard Schuurman | Mar 10, 2022 | Aerospace, BOC | 0 comments

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 aircraft, but every option must be taken into...
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