Central and Eastern European ultra-low-cost airline Wizz Air presented mixed results on January 30 in its Q3 FY2018/2019 results update. While revenues increased 21.2% to €512.7m, its net profit year-on-year dropped 87.6% to just €1.7mln and net profit margin to…
Market capacity outgrowing demand, valuta risks and higher fuel costs are likely to impact the 2019 result of Scandinavian airline SAS, which can look back on a record-year 2018. SAS announced its November 2017-October 2018 results on January 29. They…
Low-cost carrier Norwegian is set to reduce its short- and medium-term fleet plans, by announcing deferral of new aircraft deliveries and divestments of aircraft currently owned, it said in a January 29 announcement to investors. Full details will be disclosed…
Last week attendees at the Air Finance Journal event in Dublin heard industry legend John Leahy say the top item to watch is deliveries, not orders. After all, it is deliveries that are real. Orders are planned events and these…
During our recent visit to the Mirabel facility, where the former Bombardier C Series is built, and now is called the Airbus A220, our media group was exposed to the new team. This team consists of former Bombardier people and…
Airbus has given its strongest signal yet that a no-deal Brexit from the European Union will have long-term consequences of its position within the United Kingdom. In a video published January 24 on the Airbus website, president Tom Enders warned…