Qatar Airways returned to profitability for the first time since 2017 and reported its highest-ever profit for FY21/22 at QAR 5.6 billion ($1.54 billion). According to the airline, this is 200 percent above its highest historical profit in 2016 and…
Continued high fuel costs, operational disruptions at airports, air traffic management issues, and the resulting compensation to customers are expected to push Wizz Air into a first-quarter FY23 operating loss this summer. The ultra-low-cost carrier is particularly blaming supply chain/staffing issues…
Almost two years after canceling a huge order for 92 aircraft, Norwegian Air has recommitted itself to the Boeing MAX 8 again. The carrier said on May 30 that it has in principle agreed to order fifty aircraft plus options for…
The legal dispute between Qatar Airways and Airbus over the paint quality issues of the A350 is set to be delayed by another year. Unless the two parties find a way to settle the case earlier, a three-month expedited trial will be…
Another interesting consolidation is happening in the leasing world: SMBC Aviation Capital is acquiring Goshawk Aviation. Japanese-owned SMBC is paying $6.7 billion for its former competitor from Hong Kong and will become the second-largest lessor in the world, behind the AerCap/GECAS…
Airbus has been entitled to terminate the contract with Qatar Airways for fifty A321neo’s in January, a London High Court has ruled in a hearing on April 26. The ruling means that the airframer is now free to offer the production…