Kuwaiti lessor ALAFCO will ask for shareholder approval in a special general meeting on December 27 to sell a significant part of its aircraft portfolio to Macquarie AirFinance Group. The transaction, which helps to improve the lessor’s financial position, has been...
European low-cost carrier easyJet significantly reduced its losses in FY22, thanks to a strong summer that produced a record-high EBITDAR. For FY23, the airline will try to focus on its key markets to build back to pre-pandemic levels. And it will introduce Wi-Fi...
Korean Air’s revenues got a huge boost in Q3 from the removal of pre-arrival mandatory Covid testing in South Korea and the relaxation of other travel restrictions. Revenues grew by almost 65 percent to KRW 3.7 trillion, up from KRW 2.2 trillion in the same...
Increased demand for Boeing full-freighters and Bombardier business jets have pushed order intakes up at Mitsubishi Heavy Industries (MHI). The Aerostructures business received ¥67.6 billion in orders in HY1 of the financial year 2022 compared to ¥57.4 billion in the...
The reinstatement in its financial results of previously excluded pre-delivery payments to Boeing for the MAX 8 has helped Norwegian to get a net profit in Q2 and HY1. Without it, the low-cost airline would have produced a net loss. Norwegian said today that it is...
AirInsight is the boutique aerospace media and analysis team and part of AirInsight Group LLC.
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