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Virgin Australia expects to be profitable again by June

Virgin Australia expects to be profitable again by June

by Richard Schuurman | Oct 25, 2022 | Airlines | 0 comments

Thanks to restructuring its cost base and benefitting from strong demand, Virgin Australia expects to return to profitability in the second half of its financial year 2023 which runs until July. The carrier has removed A$300 million in annual costs and transformed its...
Virgin Australia is in love again with the MAX 8

Virgin Australia is in love again with the MAX 8

by Richard Schuurman | Aug 24, 2022 | Airlines | 0 comments

Virgin Australia will grow its Boeing MAX 8 fleet next year by adding another four aircraft to the fleet, which doubles the number of MAX 8s to eight. The new aircraft come in to support the airline’s growth program and sustainability strategy. Virgin Australia is in...
Icelandair calls on government to reopen Iceland

Icelandair calls on government to reopen Iceland

by Richard Schuurman | Oct 21, 2021 | Airlines | 0 comments

Icelandair has turned a $54.9 million Q2 loss into a $19.6 million Q3 profit despite setbacks from the Delta variant and continued travel restrictions. The strong start of the quarter was tapered off by new Covid-cases in Iceland in August and September, but the...
Airinsight News in Brief – September

Airinsight News in Brief – September

by Richard Schuurman | Sep 28, 2021 | Aerospace | 0 comments

To bring you more aviation news, Airinsight introduces News in Brief. During September, we compile a rolling story by date with news that is sometimes too small for a deep analysis but still interesting enough not to be missed. 28 – American Airlines has...
Griffin MAX order confirms growth strategy

Griffin MAX order confirms growth strategy

by Richard Schuurman | Sep 2, 2021 | Aerospace | 0 comments

It’s just a small order for five Boeing MAX 8s, but the announcement from lessor Griffin Global Asset Management has more substance to it. It is the first direct order for Griffin, which has bold ambitions to create “a world-class commercial aviation leasing and asset...
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