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IATA predicts further reduction of airline losses to 9.7 billion

IATA predicts further reduction of airline losses to 9.7 billion

by Richard Schuurman | Jun 20, 2022 | Aerospace, Airlines | 0 comments

Thanks to the recovery of air travel, the airline industry will likely be able to reduce its losses this year to $9.7 billion. This is an improvement over the previous forecast of a $-11.6 billion loss from October and includes the effects of inflation, the...
American expects profit in Q2 but doesn’t look further yet

American expects profit in Q2 but doesn’t look further yet

by Richard Schuurman | Apr 21, 2022 | Airlines | 0 comments

American Airlines is not as outspoken on its full-year guidance as United Airlines but is nevertheless positive that in the short-term, it will return to profitability during the second quarter, it said on April 21. The first quarter produced a $1.6 billion net loss,...
Japan’s Kawasaki invests further in hydrogen research

Japan’s Kawasaki invests further in hydrogen research

by Richard Schuurman | Apr 15, 2022 | Aerospace | 0 comments

Japan’s aerospace industry confirmed this week again that it is keen to get involved in the development of hydrogen as the fuel for future civil aircraft. On April 12, Kawasaki Heavy Industries (KHI) and Airbus signed a Memorandum of Understanding to work together on...
Embraer E175-E2 further delayed until 2027

Embraer E175-E2 further delayed until 2027

by Richard Schuurman | Feb 19, 2022 | Embraer | 0 comments

It will not have come as a huge surprise to many, but Embraer has confirmed that it has further postponed the development of the E175-E2. The smallest member of the E2-family, which has failed to attract a single order, is now scheduled to enter service “between 2027...
MTU’s WET concept further improves GTF efficiency

MTU’s WET concept further improves GTF efficiency

by Richard Schuurman | Feb 7, 2022 | Aerospace | 1 comment

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