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Russian sanctions bite deeper

Russian sanctions bite deeper

by Addison Schonland | Nov 23, 2022 | Aerospace, Airlines | 0 comments

According to a story in Kommersant, Russia’s Azimuth has taken delivery of a new SSJ with “second category” engines.  The problem is likely to grow, according to the story, with the airline expecting to take more aircraft, also with “second...
China’s Big Three see deeper red in Q3

China’s Big Three see deeper red in Q3

by Richard Schuurman | Nov 1, 2022 | Airlines | 0 comments

China Eastern, China Southern, and Air China all reported Q3 losses, the effect of China’s continued strict Covid policy that reduced air travel while at the same time expenses were rising. The carriers already reported losses for the first half year. China’s...
Defense woes make Boeing slip back into a deeper loss

Defense woes make Boeing slip back into a deeper loss

by Richard Schuurman | Oct 26, 2022 | Boeing | 0 comments

UPDATE – A $2.8 billion charge on fixed-price defense development programs had a significant impact on Boeing’s earnings and revenues, resulting in a $-3.308 billion consolidated net loss in Q3. But despite more aircraft deliveries and higher revenues,...
A Deeper Look At Category 2 Impact On Mexico

A Deeper Look At Category 2 Impact On Mexico

by Daniel Martínez Garbuno | Oct 5, 2022 | Aerospace | 0 comments

It has been almost a year and a half since the Federal Aviation Administration (FAA) downgraded Mexico’s safety rating to Category 2. The current Mexican administration has been unable to restore the previous status, which has profoundly impacted the local carriers...
Lockdowns China push Big Three into deeper losses

Lockdowns China push Big Three into deeper losses

by Richard Schuurman | Aug 31, 2022 | Airlines | 0 comments

China’s Big Three airlines Air China, China Southern, and China Eastern all suffered higher losses in the first six months of 2022. They are the direct consequence of the zero-tolerance Covid-policy that resulted in continued lockdowns in multiple cities across China...

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