Turkish Airlines continued its recovery by producing another profitable quarter, turning last year’s HY1 net loss into a solid profit. The carrier reported a $737 million net profit for January-June compared to $-1 million in the same period last year. Turkish…
Ethiopian Airlines has converted options for four Airbus A350-900s into the larger -1000, Airbus has announced today. Ethiopian Airlines converts four A350-900s into -1000s. The African carrier currently operates eighteen -900s, of which two are leased from AerCap and sixteen…
Air India is close to ordering the Airbus A350 to add the type to its fleet. The widebody could join the fleet as early as the first quarter of 2023, AirInsight has learned following reports on Bloomberg. In January, Air India…
High fuel costs, inflation, new Covid variants, and political and economic uncertainties could be showstoppers, but Emirates expects to return to profitability in the current FY2022 The Dubai-based airline reported its second net loss in a row for FY2021/2022, with an…
The Board of Directors of China Eastern Airlines has approved the non-public issuance of shares to raise RMB 15 billion, of which two-thirds will be used to finance the purchase of 38 new aircraft. The issuance of no more than 5.6…
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