by Richard Schuurman | Jun 6, 2021 | Airlines |
UPDATED STORY – Indian low-cost carrier IndiGo ended its financial year 2020-2021 with an INR 58.064 billion after-tax loss. The result reflects the deep impact of the Covid-crisis, with a first wave and a long lockdown in March-May 2020 followed by the recent...
by Richard Schuurman | Apr 7, 2020 | Lufthansa |
Lufthansa Group will significantly reduce its fleet as it prepares for the post-Covid 19 return to service, the airline said on April 7. The reduction and reorganization will include all airlines and result in a yet to be confirmed number of job losses. CEO Carsten...
by Richard Schuurman | Feb 12, 2020 | Airlines |
In the last decade, Greece has been associated with huge deficits, a failing economy and a national airline (Olympic) going bust. That the country and its aviation industry have found the way up again could be seen no better than on February 12. It’s leading airline,...
by Richard Schuurman | Nov 5, 2019 | Air France KLM |
Air France-KLM will (have to) ‘reinvent’ itself if it wants to meet its targets of higher revenues, strong improvement of the operating margin, reduced costs, and more operational efficiency, the French-Dutch airline group said on its Investor Day on November 5. That...
by Richard Schuurman | Oct 16, 2019 | Etihad, General Category |
Etihad Airways Group and Air Arabia Group are to establish a new joint venture Air Arabia Abu Dhabi that will act as a feeder to Etihad, the two airline groups announced on October 16. With the JV both airlines want to duplicate the success of the Emirates/flydubai...
