Singapore Airlines (SIA) posted a larger second-quarter loss despite a gradual recovery in passenger traffic and strong performance from the cargo business, due to a higher operating expenditure. As a result, operating loss for the quarter ended 30 September came…
Strict reductions of fixed costs have helped All Nippon Airways (ANA) to reduce its net loss for its first six months of the financial year 2021. The Japanese carrier reported a net loss of ¥98.8 billion, an improvement over the…
UPDATE – Boeing expects that rework on the 787 and lower production rates to result in $1.0 billion in abnormal costs. Of this, $183 million has been recorded in the third quarter results, the airframer said on October 27 during…
Europe has been one of the continents where the pandemic has a prolonged effect on air travel. Whereas there has been a rebound in domestic travel in the US, Europe is dominated by continued restrictions as various countries suffer from…
Air France-KLM has got approval from the European Commission for an additional EUR 4.0 billion recapitalization of Air France and its Holding company, the airline Group confirmed on April 6. This follows on remarks by French Minister of Finance Bruno…
How is the 787 doing in the market?  The 787 program is key to Boeing’s financial success, and needs additional sales to enable recovery of the $29 billion in development costs over the life of the program. Boeing has a…