Despite a three-month grounding from March to June 2020 and the negative effects of many travel restrictions to and from Abu Dhabi, Etihad Airways limited its losses to just $-1.7 billion. This compares to a $0.8 billion profit in 2019 ,…
While the EUR -7.0 billion net loss of Air France-KLM has come as a shock, International Airlines Group (IAG) hasn’t fared much better in 2020. On February 26, it reported an almost identical loss after tax of EUR -6.923 billion compared…
Our AirInsight Airline Performance Index is showing a very slow but upward recovery for airlines from the global pandemic. Our index, on average, has begun to creep upward on a week to week basis, but not yet enough to celebrate…
The pandemic’s full impact is looming for airlines the world over, unlimited government QE is not going to last – it never could. Even in a US election year as contentious as this one, there is a chance that the…
The trend still looks “up”, but less so than a week ago. Page 1 shows the recovery in terms of flights and passengers per flight is up. But those passenger numbers are very wobbly. The surge in pandemic numbers these…
Air Lease Corporation (ALC) is currently unable to ‘reasonably estimate’ the impact of the Covid-19 crisis on its business, operational results, and financial position for the foreseeable future, the US-lessor reported in its Q1-results on May 7. The company is…