Boeing reported net earnings of $1.167 billion in Q3, -51% compared to last year. While this result is still positive and better than Q2, the company’s operating cash flow dropped from 4.559 billion to -2.424 billion, reflecting marginal 737 deliveries,…
Norwegian is seeking to restructure long-term debts of $380 million by asking its bondholders extra time to repay the money, the airline said on September 2. Norwegian has two unsecured bonds that need to be repaid by November 2021 and…
Russia is expecting the market for commercial aircraft to grow to 44.313 aircraft between 2019 and 2038, with the biggest share that of 166-200-seaters. United Aircraft Corporation (UAC) presented its latest outlook on the final trade day of the MAKS…
Amidst the uncertainty of the return to service of its Boeing MAX 8-fleet Norwegian has decided to cut its transatlantic network out of Ireland from mid-September. The low-cost airline will discontinue six routes to Dublin out of Providence and New…
Reports on August 10 of a Norwegian Boeing 787-8 trashing the Rome Fiumicino-airport area with parts from its number 1 Rolls-Royce Trent 1000-engine after take-off raise the question: is this part of the known Trent 1000-issue or a new one?…
On Wednesday IATA released its latest stats. The stat that caught our eye was this one: 22,000 city pairs are now connected by direct flights, up 1,300 over 2017 and double the 10,250 city pairs connected in 1998. Route dispersion…