Air Canada is to reduce its fleet by 79 aircraft as it seeks to cap costs and improve its financial position, the airline announced on May 4. This follows on a net loss of $1.049 billion in Q1, down from a 345 million profit last year. It is the first lossmaking...
American Airlines reported a $-2.2 billion Q1 net loss on April 30, four times the size of its main competitor Delta ($-422 million). This includes special items, otherwise, the result would have been $-1.1 billion. Still, it is another indication of how the current...
Brazilian planemaker Embraer disclosed its 2019 orders and deliveries this week. At 198, total deliveries were up compared to 181 in 2018 but this is only thanks to the higher output from the executive jets division. Let’s have a look. On multiple occasions last year,...
Air France-KLM will (have to) ‘reinvent’ itself if it wants to meet its targets of higher revenues, strong improvement of the operating margin, reduced costs, and more operational efficiency, the French-Dutch airline group said on its Investor Day on November 5. That...
Delivery of the first aircraft is still a few months away, but Air Canada on August 14 gave a little sneak preview of what to expect when it operates its Airbus A220-300 fleet from Spring 2020. The airline announced that Montreal-Seattle and Toronto-San Jose...
