Leonardo delivered fewer airframe deliveries to ATR last year but reduced its loss on the turboprop program compared to 2021. Longer term, the Italian company continues to work on optimizing the production for ATR to reduce lead times and improve quality.…
The Mexican carrier Aeromexico announced its latest route on Tuesday. It will launch a daily service between the Felipe Ángeles International (NLU) and Houston George Bush Intercontinental Airport (IAH) starting on May 1, 2023. The airline will employ the Embraer…
Cathay Pacific expects a consolidated loss for FY22 of between HK$6.4 and HK$7.0 billion, which compares to HK$5.5 billion in FY21. It mainly attributes the deeper loss to the “significant losses” from associates that are recognized three months in arear,…
In a year plagued by supply chain disruptions, Airbus delivered 661 aircraft, some sixty short of the original target. The European airframer won 820 net orders but had to endure 258 cancelations too, some of them anticipated. For 2023, Airbus is…
UPDATE – Supply chain issues continued to pose challenges for Embraer in Q3, which resulted in fewer aircraft deliveries. Yet, the airframer expects to significantly ramp up deliveries in Q4 and reaffirms its delivery targets, thanks to increasing its inventories…
Actually, it is a kind of a miracle: despite severe travel restrictions into Hong Kong, Cathay Pacific has been able to improve its financial results in HY1 2022. The carrier reported an HK$-4.999 billion net loss compared to HK$-7.564 billion in…