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...
Before it has taken delivery of even the first aircraft, UK holiday airline Jet2 continues to grow its order for Airbus A320neo family aircraft. Jet2 announced on October 18 that it has ordered 35 A320neo’s, which are in addition to 63 A321neo’s ordered since August...
The Airbus A330P2F has won another contract. Air Transport Services Group (ATSG) has confirmed a previously announced commitment with Elbe Flugzeugwerke (EFW) to convert up to 29 A330-300s into freighters. ATSG, the world’s largest lessor of freighters, will lease...
UPDATE – Higher production deliveries of the Boeing MAX and Airbus A220 program have improved the results of tier-1 supplier Spirit AeroSystems in 2021. However, they were severely impacted by the ongoing production pause of the Boeing 787, which produced a...
Virgin Australia will resize its operations to an all-Boeing 737 fleet and for the time being, only operate on domestic services. Long-haul is only to resume when the market sustains these services, the airline said on August 5 when it gave an update of its business...
AirInsight is the boutique aerospace media and analysis team and part of AirInsight Group LLC.
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