Virgin Atlantic looks back on 2021 as a year that was even more challenging than the first year of Covid. “Persistent volatility in international travel, fueled by ever-changing restrictions and testing requirements, resulted in significant losses and a decline in...
UPDATE – A day after the fatal accident with one of its Boeing 737-800s, China Eastern Airlines has grounded the type until further notice, causing significant disruptions in its flight schedule. It is unclear when the carrier will resume services with the -800....
UPDATE – After only one loss-making year during the pandemic, Turkish Airlines has swung back to profitability in 2021. The carrier reported a profit of $959 million compared to an $836 million loss in 2020. Last year’s result is even better than that of 2019...
Etihad Airways is happy about its 2021 results, which despite another core operating loss show evidence of recovery, especially in the second half-year. The Abu Dhabi airline produced another positive EBITDA, it reported on March 1. Etihad positive for 2022 after...
Kenya Airways saved $45 million after it changed aircraft lease terms, opting for hourly rates in place of fixed costs. Kenya Airways Chief Executive Allan Kilavuka said the airline reached a deal with lessors in 2021 to only pay when they fly leased aircraft. Paying...
AirInsight is the boutique aerospace media and analysis team and part of AirInsight Group LLC.
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