Etihad reported a $758 million core operating loss for HY1 as it too has been hit hard by the Covid-crisis. Revenues were $1.7 billion, down from 2.7 billion from last year, it said on August 5. Losses were partially offset…
News: Delta announced yesterday that it will retire its fleet of Boeing 777 aircraft permanently after its grounding for the COVID-19 crisis. Delta currently has 18 Boeing 777s, including 10 777-200LR models used on ultra-long-haul routes. The 777 first joined…
It was hailed at last year’s Paris Airshow as a clean sheet regional aircraft design particularly attractive to the US market, but the future of Mitsubishi’s SpaceJet M100 70-seater is in doubt after Mitsubishi Heavy Industries has suspended development work…
Emirates ended its fiscal year 2019-2020 with a Group profit of AED 1.7 billion ($0.5 billion), but unless a miracle happens this has been the 32nd and last consecutive year in profit for the Dubai-based airline group. Emirates has been…
Boeing intends to reduce its overall workforce by 10 percent or some 16.000 employees as it is confronted by the new market reality after the Covid-19 crisis, CEO David Calhoun has written in a letter to employees. The Commercial Airplanes…
After all 2019 has been for Boeing, the year’s orders and deliveries were expected to be at a historic low level. Still, the results presented on January 14 were even more somber. Boeing delivered 380 airliners while net orders including…