Profits Emirates plunge 69 percent
Emirates recorded its weakest year in 2018-19 in eight years, when announcing a Group profit of AED 2.316bln on May 9. This is -44 percent down on the previous year and almost at the same level as in 2011-12 (AED…
Tag Airbus A380
Airbus improves in Q1, but not on all fronts (update)
Airbus has announced some improved results for Q1 on April 29, but not all is looking as great as the number reveal at first glance. Group revenues grew an impressive 24 percent to EUR 12.549bln from 10.119bln. Group EBIT adjusted…
Lufthansa adds A350s and 787s to long-haul fleet
Lufthansa has decided a significant renewal of its long-haul fleet on March 23, by announcing it has placed a follow-on order with Airbus for 20 A350-900s but also becoming a Boeing 787-customer, with an order for 20 -9s. Out will…
Rolls-Royce drops out of Boeing’s NMA as schedules don’t fit
Rolls-Royce has withdrawn its participation to Boeing’s New Mid-market Aircraft (NMA), citing conflicting time schedules as the major reason for its decision. Rolls- Royce announced its decision on February 28 during the presentation of its 2018 results but had informed…
Air France-KLM’s lost opportunity of 2018
Like a year ago, Air France-KLM must have asked itself the question: what if? What if Air France hadn’t lost €335mln on social unrest and strikes that never seemed to end? The effect has been clearly visible in the 2018…
Airbus acknowledges time on A380 has come
After one of the worst kept secrets in recent weeks, Airbus has confirmed on February 14 that it will end production of the A380 in 2021. This follows a re-think at Emirates about its A380 order, with the airline converting…