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British Airways doing all to prevent another Heathrow disaster

British Airways doing all to prevent another Heathrow disaster

by Richard Schuurman | May 6, 2022 | Airlines | 1 comment

British Airways is doing everything it can to prevent a repetition of the travel chaos it experienced in Q1 at London Heathrow and from IT issues. It is beefing up its organizational structure, hiring new staff, and rebuilding IT, but the carrier is frustrated by...
IAG set for strong recovery from second quarter

IAG set for strong recovery from second quarter

by Richard Schuurman | Feb 25, 2022 | Airlines | 0 comments

International Airlines Group (IAG) is expecting to return to profitability in the second quarter and produce operating results and operating cash flows that will be “significantly positive” for the rest of 2022. That will come after a loss-making first quarter and...
AirInsight News in Brief – January

AirInsight News in Brief – January

by Richard Schuurman | Jan 31, 2022 | Aerospace, Airlines | 0 comments

Here is our rolling report with short aviation news for the month of January 2022: 31 – Lessor TrueNoord has raised $250 million in new funding that it plans to use for building its fleet of regional aircraft. The funding has been arranged with support from...
IAG reaches inflection point and reduces losses

IAG reaches inflection point and reduces losses

by Richard Schuurman | Nov 5, 2021 | Airlines | 0 comments

The third quarter has been an ‘inflection point’ for International Airlines Group (IAG). It has drastically reduced its operating loss by almost three quarters to €452 million and stopped burning cash. Its Spanish airlines performed best, with Iberia producing a net...
Europe’s airlines 2020: Lufthansa Group reports 6.7 billion loss

Europe’s airlines 2020: Lufthansa Group reports 6.7 billion loss

by Richard Schuurman | Mar 4, 2021 | Airlines | 0 comments

While some European airlines have released results for their staggered financial years, it was actually Icelandair to be the first one to report on its full-year 2020 results on February 9. Like we have done with US airlines, here is a rolling story on the results of...
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