Lufthansa Group has made up its mind: the airline has ordered 40 Airbus A220-300s plus 20 purchase rights and 40 Boeing MAX 8s plus 60 purchase rights for its own needs and that of new subsidiary CityAirlines. It has also…
Ethiopian Airlines has secured a $450 million loan with Citi Corporate Banking and Export Agency and Finance to finance the purchase of three Boeing MAX 8s and two 777Fs. The loan is guaranteed by EXIM, the US Export-Import Bank. The loan…
It took a year, but the US Department of Transportation (DoT) came for Southwest Airlines. Southwest will pay $140 million, including a $35 million fine, to settle a DOT investigation into last December’s meltdown that stranded more than 2 million…
We are two weeks away from yearend; how are Airbus and Boeing doing on deliveries? Take a look at the chart. The red arrows show the past two Decembers, and the yellow shows where we are now. It looks like…
Here’s our monthly India update with Nitin Sarin. We discussed Go First, SpiceJet, and Air India. We also reviewed the FAL opportunity for Embraer. Views: 14
Kenya Airways currently finds itself entangled in the intricate challenges posed by a global shortage of aircraft spare parts. As the festive season approaches, marked by a surge in travel, the airline is compelled to caution passengers about potential disruptions, adding…