Last week, Rolls-Royce celebrated a “huge milestone” as it announced on Twitter that the Trent 7000 has cleared one million flying hours on the Airbus A330neo since 2019. But on that same day, TAP Portugal CEO Christine Ourmieres-Widener told AviationSource in Lisbon...
Embraer delivered only ten percent more aircraft in Q3 than in the same period of last year. Including airliners and executive jets, 33 aircraft left Sao Jose dos Campos and other production sites during the quarter, the Brazilian airframer reported today. Year to...
UPDATE – Record-high revenues for the September quarter haven’t translated into a likewise record-high net result for Delta Airlines. The airline reported a $695 million net profit for Q3, almost half that of the same period last year as it saw expenses soar, it...
On the back of a strong second quarter, TAP Portugal reported improved results and reduced losses for the quarter and first six months. But the airline is still in restructuring and needs state support, although it is considering refinancing its debts, it said on...
SAS has entered a debtor-in-possession (DIP) credit agreement of $700 million/SEK 7.0 billion with Apollo Global Management. The arrangement will be used as bridge funding while the Scandinavian airline starts its restructuring plans under Chapter 11 bankruptcy...
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