Qantas plans to rebuild its international network to seventy percent capacity of 2019 levels by the first quarter of its financial year 2023, which starts on October 1. The carrier maintains its previous guidance of fifty percent capacity in the…
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 The Dubai-based airline reported its second net loss in a row for FY2021/2022, with an…
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…
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…
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…
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 passenger…