Air India and Vistara, the two full-service airlines owned by Tata Sons, are to merge. The merger will see Singapore Airlines (SIA), which has a 49 percent stake in Vistara, invest $ 250 million for a 25.1 percent stake in Air India. The remaining stake in Vistara is...
The Airbus A321XLR is expected to enter service in the second quarter of 2024. This is slightly later than what the airframer said in May, when it announced a delay of the program to “early 2024”. Airbus mentioned the latest date in its Q3 results, which were solid...
JetBlue expects to recover the capacity for the final quarter quicker than anticipated in August and outpace 2019 levels again. Capacity should be up by one to four percent over 2019 and end between zero and two percent for the full year, it said on October 25 in its...
GE Aviation and Safran expect the LEAP turbofan engine to reach breakeven margins in 2025. There will be a three-percent margin impact this year and in 2023 as the production transits from the CFM56 to the LEAP, but the numbers are looking good beyond 2023. CFM LEAP...
UPDATE – Although forward bookings are strong and the outlook is positive, United Airlines seems to have slightly reduced its expectations for 2022. In its FY21 results press release, the carrier says that Omicron hasn’t changed its confidence in its 2023 cost...
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