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Air Arabia produces strong Q4 and FY21 results

Air Arabia produces strong Q4 and FY21 results

by Richard Schuurman | Feb 15, 2022 | Airlines | 0 comments

Air Arabia has reported strong results for its fourth quarter and full year of 2021. Despite the effects of the pandemic, the low-cost airline produced an AED 720 million profit for the twelve-month period as it was able to continue its growth strategy, it said on...
Icelandair targets 2022 profitability as it looks at 757 successor

Icelandair targets 2022 profitability as it looks at 757 successor

by Richard Schuurman | Feb 4, 2022 | Airlines | 0 comments

Icelandair plans to return to profitability this year as it grows back its network to eighty percent of 2019 levels, it said today during its 2021 results presentation. The final quarter ended at a loss, but EBIT was still at its best level since 2016. Icelandair...
JetBlue to get into higher gear in Northeast market

JetBlue to get into higher gear in Northeast market

by Richard Schuurman | Jan 27, 2022 | Airlines | 0 comments

2022 will be a “transitional year” for US low-cost carrier JetBlue. It plans to pull “meaningful levers” to restore its earnings and improve on costs after reporting a $182 million net loss for 2021, including a $129 million loss in the fourth quarter on January 27....
Airbus A321XLR no longer exclusively assembled in Hamburg

Airbus A321XLR no longer exclusively assembled in Hamburg

by Richard Schuurman | Dec 6, 2021 | Airbus | 1 comment

Airbus will assemble the A321XLR no longer just in Hamburg from 2023 but also at other production sites, it says on December 6 in an XLR program update. Until today, the European airframer has always stated that the ultra-long-range version of the A321 will be...
GTF Advantage made for the Airbus A321XLR

GTF Advantage made for the Airbus A321XLR

by Richard Schuurman | Dec 2, 2021 | Aerospace | 0 comments

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