Typically the airlines don’t pay much for their engines using “Power-By-Hour” contracts instead. From industry sources, we understand more than half the airlines utilize these contracts. On the lower side, we might see GE and CFM in high-sixties...
Air France/KLM, Delta Airlines, and Virgin Atlantic will start joint operations this month, implementing a strategy that was laid out in their May 2018 agreement. The combined airlines promise a smooth and consistent travel experience, with the focus on transatlantic...
If there was any doubt as to the disruptive capabilities Air Canada has acquired then two route announcements should quell that. The A220 is going to disrupt US air traffic options going to Europe. Today the airline announced Montreal-Toulouse. Throw into this mix...
Air France-KLM reported a net loss in HY1 of EUR 239 million, down from -158 million last year. In Q2 the Franco-Dutch airline group posted a EUR 81 million profit, but this was 30 million lower compared to the same period in 2018. CFO Frederic Cagey is not unhappy...
For the first time, Air France-KLM and associated airlines carried more than 100 million passengers in a year. The airline group concluded 2018 with 101.4m passengers, +2.8% over the previous year, it announced on January 9. Results could have been even better, as...
