Norwegian has filed for bankruptcy protection for its Ireland-based subsidiaries and assets in Ireland in an attempt to restructure, attract new capital, and survive the Covid crisis, the airline announced on November 18. The move follows the refusal from the…
Boeing reported its October orders and deliveries, including 12 more cancellations for the 737 MAX. Four of the canceled orders were from CDB Leasing, one from Smartwings (owner of Czech Airlines), three from Oman Air, and four from an undisclosed…
Last month, we talked about Africa offering a strong opportunity for the turboprop market . Now, we’ll do the same analysis for the Latin American region. As we can see in the following table, the turboprop commercial fleet is less…
Air Canada announced over the weekend that it concluded an amended transaction with Transat A.T. Inc. that provides for Air Canada to acquire all the issued and outstanding shares of Transat and for its combination with Air Canada. Under the…
Boeing’s earnings report has been well discussed by the financial community, but a few operational issues were mentioned, however, that merit attention: • 787 production rate cuts are now deep enough to where it no longer makes sense to maintain…
Singapore Airlines has ended its Q1 for fiscal year 2021 at a $-1.123 billion net loss as it saw traffic collapse by 99.6 percent, the airline reported on July 29. SIA is evaluating additional measures to adjust the size of…