China air travel update
Using data from our Chinese partners, VariFlight, we can share updates on the Chinese air travel market. We have three charts to share with you. In the first chart, you see how the pandemic was a shock to China’s airlines…
Tag China Southern
Qatar loss deepens – and that’s before the worst of the crisis
Qatar Airways has recorded a QR -7.007 billion loss for its fiscal year 2019/2020, down from -4.751 billion the previous year, it announced on September 27. Mind you, this result reflects the year until March 31, 2020, so before the…
Airbus: A350-loans now comply with WTO ruling
Airbus has amended its contracts with France and Spain on loans it has received for launching and developing the A350, the airframer announced on July 24. With these amendments, Airbus claims to have fully complied with the requirements set out…
Comac ARJ21 hits milestone as first aircraft join Three Majors
Chinese airframer Comac hit an important milestone on June 28 when it simultaneously delivered three ARJ21 regional jets to the country’s biggest airlines: Air China, China Eastern, and China Southern Airlines. For the type, it means a breakthrough as until…
More and more A380s stored as crisis continues
The Airbus A380 continues to be one of the aircraft types that is hit the hardest by the current crisis. With some 240 A380’s available, most have been grounded since late March. In recent days, many have been placed in…
Parked aircraft and Power-By-The-Hour contracts
Typically the airlines don’t pay much for their engines using “Power-By-Hour” contracts instead. From industry sources, we understand more than half the airlines utilize these contracts. On the lower side, we might see GE and CFM in high-sixties percent and…