Spanish airline Binter Canarias has confirmed it is the airline behind the undisclosed order for five Embraer E195-E2s that was announced earlier this week. Binter Canarias already operates five E195-E2s since taking delivery of the fifth in June 2021. The order was...
European low-cost carrier easyJet significantly reduced its losses in FY22, thanks to a strong summer that produced a record-high EBITDAR. For FY23, the airline will try to focus on its key markets to build back to pre-pandemic levels. And it will introduce Wi-Fi...
On November 3, 2022, LATAM Airlines Group emerged from Chapter 11 bankruptcy protection. The airline spent two and half years reorganizing, downsizing costs and debt, and overall improving the company’s bottom line for years to come. LATAM emerges from bankruptcy...
Korean Air’s revenues got a huge boost in Q3 from the removal of pre-arrival mandatory Covid testing in South Korea and the relaxation of other travel restrictions. Revenues grew by almost 65 percent to KRW 3.7 trillion, up from KRW 2.2 trillion in the same...
Increased demand for Boeing full-freighters and Bombardier business jets have pushed order intakes up at Mitsubishi Heavy Industries (MHI). The Aerostructures business received ¥67.6 billion in orders in HY1 of the financial year 2022 compared to ¥57.4 billion in the...
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