First, there were the targets from the 2020 recapitalization plan, followed by an enhanced operating model late last year to give it more flexibility. Now, Scandinavian airline SAS has announced a full transformation of its business to secure its long-term position....
Airbus will decide on a further ramp-up of production of the A320neo-family by the middle of this year. The decision to go to rate 65 per month from the middle of 2023 was taken last year, but it’s now an increase to rate 70 or 75 that is on the table, CEO Guillaume...
Unless Omicron plays havoc in Asia and delays the reopening of air travel in Asia and the Pacific, Malaysia Airlines (MAS) is on track to leave its troubled years behind. The airline produced its first cash positive month in October and repeated this in November....
Some two months since launching services as the successor to Alitalia, ITA Airways has been steadily announcing codeshare agreements with partner airlines. The latest is with Kenya Airways, which offers new opportunities to African travelers. ITA Airways expands its...
The Covid-crisis has forced Kuwaiti lessor ALAFCO to enter rent deferral agreements with eight of its 23 customer airlines, it says in its recently published report on FY21. Lease revenues were down by thirteen percent to KD 15.5 million and pushed losses up to KD...
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