Two years earlier than what it said only some months ago, Air France-KLM wants to free itself from all French and Dutch state aid and state-backed loans as early as coming April. With that, the airline group wants to get rid…
Norwegian ended 2022 with a loss-making fourth quarter, but overall the year has been profitable and demonstrated that the airline has recovered well from the Covid-years and the earlier restructuring. Bookings for 2023 are “encouraging” but remain close in, so…
Airbus hopes to be able to deliver ‘around 720’ commercial aircraft this year, the same number that it originally targeted for 2022 but failed to reach. Production of the narrowbodies is gradually ramping up during the year, but the supply…
Thanks to the market developing more positively, Finnair expects this year’s unit revenues to be better than previously anticipated. Key markets in Japan and China have re-opened and should no longer be affected by travel restrictions after the summer. Still, Finnair’s…
Air Arabia Group reported its highest-ever profit, ending 2022 with a net profit of AED 1.222 billion. This outperforms 2019 when the airline produced an AED 1.008 billion net profit. It confirms that the carrier has solidly left behind the…
The acquisition of the aircraft portfolio of SKY Fund I and the effects of the war in Ukraine dominated 2022 for aircraft lessor Dubai Aerospace Enterprise (DAE). While it grew its portfolio, a write-off on nineteen aircraft in Russia pushed DAE…