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Emirates expects a return to profitability but prepares for headwinds

Emirates expects a return to profitability but prepares for headwinds

by Richard Schuurman | May 13, 2022 | Airlines | 0 comments

High fuel costs, inflation, new Covid variants, and political and economic uncertainties could be showstoppers, but Emirates expects to return to profitability in the current FY2022/2023. The Dubai-based airline reported its second net loss in a row for FY2021/2022,...
China Eastern issues new shares for fleet purchases

China Eastern issues new shares for fleet purchases

by Richard Schuurman | May 12, 2022 | Airlines | 0 comments

The Board of Directors of China Eastern Airlines has approved the non-public issuance of shares to raise RMB 15 billion, of which two-thirds will be used to finance the purchase of 38 new aircraft. The issuance of no more than 5.6 million shares was approved on May...
Qantas set to confirm Project Sunrise and narrowbody orders

Qantas set to confirm Project Sunrise and narrowbody orders

by Richard Schuurman | May 1, 2022 | Airbus, Airlines | 0 comments

Qantas is to confirm its long-expected order for the Airbus A350-1000 as part of its Project Sunrise project on May 2. The airline will also finalize the in-principle agreement for the A220 and A321XLR it announced in December. Qantas has scheduled a press event early...
Etihad tests contrail reduction technology

Etihad tests contrail reduction technology

by Richard Schuurman | Apr 20, 2022 | Airlines | 0 comments

Etihad Airways is making another step towards more sustainable operations but executing some thirty flights this week to reduce carbon emissions and contrail formation. The flights are the latest initiative in its quest to become ‘greener’, which it started with the...
Virgin Atlantic only looks ahead after very difficult 2021

Virgin Atlantic only looks ahead after very difficult 2021

by Richard Schuurman | Apr 5, 2022 | Airlines | 0 comments

Virgin Atlantic looks back on 2021 as a year that was even more challenging than the first year of Covid. “Persistent volatility in international travel, fueled by ever-changing restrictions and testing requirements, resulted in significant losses and a decline in...
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