Cathay Pacific’s short-term outlook remains “challenging”, but the Hong Kong carrier is “absolutely confident” on the long-term future and its competitive position. Cathay Pacific Group reported a record loss of HK$-21.648 billion on March 10, which confirmed 2020 as the…
While some European airlines have released results for their staggered financial years, it was actually Icelandair to be the first one to report on its full-year 2020 results on February 9. Like we have done with US airlines, here is…
United’s order for 25 additional Boeing MAX is the latest love affair between the airline and the airframer concerning the beleaguered narrow body. COO Andrew Nocella described the latest order as “a key driver to our near-term growth”, with the…
Two months have now passed in 2021. According to the International Civil Aviation Organization, Latin America’s airline industry is now aiming to have the best capacity recovery worldwide. Nevertheless, the region still faces financial pressure, as we’ve seen in the…
While the EUR -7.0 billion net loss of Air France-KLM has come as a shock, International Airlines Group (IAG) hasn’t fared much better in 2020. On February 26, it reported an almost identical loss after tax of EUR -6.923 billion compared…
Status Ante There is a great need for new commercial airplanes in Iran. Iranian airline safety is a critical issue and has been for some time. The following table lists the 3Y20 in-service aircraft among Iran’s airlines according to Jet…