Airbus wrapped up the 2019 Paris Air Show on June 20 with announcements for in total 363 new airliners, including 149 firm new orders and 214 MoU’s, LoI’s or purchase rights in some way or another. This positions the 2019…
Major European travel and airline TUI Group is expecting the grounding of its Boeing MAX 8-fleet to cost €200mln. That is when the grounding lasts until the Summer. If extended until September, another €100mln impact on its before-tax results is…
The crisis around the Boeing MAX has deepened on March 12, with more countries and airlines suspending operations of the type until further notice. Early evening EASA has issued a Europe-wide suspension of MAX operations until further notice. “As a…
Norwegian confirmed a change to its fleet plans on February 7, at the same time announcing a 1.451bln kroner net loss for its fiscal year 2018. This actually is an improvement over its 1.783bln kroner loss over 2017. The Norwegian…
Low-cost carrier Norwegian is set to reduce its short- and medium-term fleet plans, by announcing deferral of new aircraft deliveries and divestments of aircraft currently owned, it said in a January 29 announcement to investors. Full details will be disclosed…