National flag carrier Garuda Indonesia is to halve its fleet to survive the pandemic. It is considering cutting its A330 orders and reducing the number of wide-body jets in its fleet to survive the pandemic. It is said the carrier is…
Air Canada and Transat announced they have mutually agreed to terminate the Arrangement Agreement for the proposed acquisition of Transat by Air Canada. Air Canada and Transat had originally agreed in June 2019 on the acquisition, the terms of which…
There has been a lot of press recently related to the PW4000 engine family. Let’s review the PW4000 engine family produced by Pratt & Whitney. This family of high by-pass ratio engines has three distinct engine diameters of 94 inches,…
American Airlines reported a $-2.2 billion Q1 net loss on April 30, four times the size of its main competitor Delta ($-422 million). This includes special items, otherwise, the result would have been $-1.1 billion. Still, it is another indication…
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…
Airbus Tier-1 supplier Premium AEROTEC is to slash its workforce by some 1.450 cross all its German sites in an effort to reduce costs and remain competitive, a spokesperson of the company tells Airinsight. PA is currently in talks with…