Cathay Pacific’s short-term outlook remains “challenging”, but the Hong Kong carrier is “absolutely confident” on the long-term future and its competitive position. Cathay Pacific Group reported a record loss of HK$-21.648 billion on March 10, which confirmed 2020 as the…
Under the circumstances of a most difficult year, Airbus has succeeded in delivering 566 commercial aircraft to airlines in 2020. It is of course a far cry from the record 863 from 2019 but is impressive as most airlines (and…
Despite a “challenging environment”, lessor BOC Aviation is pleased with the outcome of 2020. In a weak market in which the Covid-crisis dictated events, the subsidiary of Bank of China still succeeded in arranging more lease commitments for the whole…
Flag carrier TAP Portugal will have to restructure from early next year by reducing its staff by 2.000 and its fleet by at least a dozen aircraft, Portuguese Minister of Infrastructure and Habitation Pedro Nuno Santos said during a media…
While almost all airlines struggle for survival and ponder how to recover from the Covid-crisis, some try to follow and adventurous and anti-cyclic route. This includes Taiwan’s STARLUX Airlines, an airline that launched operations right in the midst of the…
Air New Zealand expects to remain a predominantly domestic airline for the foreseeable future and return to long-haul flying only long-term as travel restrictions caused by Covid-19 dictate its operations. This means that 40 percent of ANZ’s long-haul international business…