Tracking Post-Pandemic Air Travel Recovery
Tracking Post-Pandemic Air Travel Recovery
Tag AIR
TAP Air Portugal returns to profit after four years of losses
TAP Air Portugal returned to profitability for the first time since 2017, ending 2022 with a strong fourth quarter and the full year with a small profit. The airline is seeing the first positive effects of the transformation plan but…
Why new-generation engines are a concern and blessing for ALC
Air Lease Corporation (ALC) has been most vocal and critical of engine makers for failing to produce engines that are reliable. At last week’s JP Morgan Industrials Conference in New York, ALC’s top management repeated that it is hugely disappointed about…
EVA Air orders five more Boeing 787-9s
Taiwan’s EVA Air has ordered five additional Boeing 787-9s for delivery in 2025 through 2027. The airline placed a direct order with Boeing as it seeks to expand its fleet for future growth, it said on March 13. The airline intends to…
Saudi Arabia confirms launch of Riyadh Air with Tony Douglas as CEO
UPDATE – The Saudi Arabian Public Investment Fund (PIF) has officially announced it will launch a second national airline, Riyadh Air. The carrier will be chaired by former Etihad Airways CEO Tony Douglas and has ambitious growth plans with a fleet…
Akasa Air set to place triple-digit aircraft order
Akasa Air, the newest airline in India, is to place a triple-digit aircraft order by the end of 2023, the airline Founder and Chief Executive Officer, Vinay Dube announced on Twitter on Wednesday. He also announced that the airline will…