by Richard Schuurman | Jun 7, 2021 | Airlines |
Malaysian ultra-low-cost long-haul airline Air Asia X has got a step closer to completing its financial restructuring last week. But it still faces a number of crucial negotiations with lessors and Airbus before it can resume operations as a much leaner airline,...
by Richard Schuurman | Jun 6, 2021 | Boeing |
Boeing CEO David Calhoun is careful with rate increases. He isn’t willing to announce increases that go too far into the future. A wrong signal to suppliers might backfire on Boeing if predicted numbers fall short, Calhoun said on June 3 during a Bernstein Strategic...
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 | May 27, 2021 | Airbus |
Airbus plans an aggressive production ramp-up. The European airframer has disclosed more details on how it intends to grow its production capacity until 2025 on May 27. This follows on earlier remarks by CEO Guillaume Faury that Airbus is in discussions with suppliers...
by Richard Schuurman | May 3, 2021 | Airlines |
UAE low-cost carrier flydubai reported an AED -712.6 million net loss for 2020, compared to an AED 198.2 million profit in 2019, it announced on May 2. Flydubai remains cautious after the 2020 loss. While the airline is planning to ramp up this summer, trading...
