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High currency costs bit Wizz Air once again

High currency costs bit Wizz Air once again

by Richard Schuurman | Nov 2, 2022 | Airlines | 0 comments

A net foreign exchange loss of €269.2 million related to unhedged lease liabilities in US dollars is the main reason that Wizz Air’s half-year loss almost tripled. Despite other headwinds like high fuel costs, the ultra-low-cost airline produced a positive...
ITA Airways partners with Airbus on CityAirbus NextGen

ITA Airways partners with Airbus on CityAirbus NextGen

by Richard Schuurman | Apr 27, 2022 | Airbus, UAM | 0 comments

Airbus has found its first partner for the CityAirbus NextGen Urban Air Mobility (UAM) program. The OEM has signed a Memorandum of Understanding with Italian airline ITA Airways to develop the UAM market in Italy. ITA Airways partners with Airbus on CityAirbus...
Air France-KLM not too worried if Lufthansa buys into ITA Airways

Air France-KLM not too worried if Lufthansa buys into ITA Airways

by Richard Schuurman | Feb 17, 2022 | Airlines | 0 comments

Air France-KLM Group CEO Ben Smith doesn’t seem too worried about the prospect of Lufthansa and sea shipping company MSC buying into Italian carrier ITA Airways. If the German/Swiss group gets a majority share in ITA, that doesn’t mean that the Italian market is lost...
ACIA Aero Leasing Adds Customers in Europe and Asia

ACIA Aero Leasing Adds Customers in Europe and Asia

by Addison Schonland | Aug 31, 2021 | Aerospace | 0 comments

ACIA Aero Leasing is becoming a growing provider of regional aircraft leasing and lease management services.  The firm announced two new lessees, Fly LeOne in Italy and NXT Air in Bangladesh. The lessor continues to expand its customer base in major markets across the...

A different perspective on InterJet, Air Italy and, SuperJet

by Addison Schonland | Jul 5, 2021 | Aerospace | 0 comments

Western thinking and views on InterJet and SuperJet may not be fully informed.  The status at Air Italy may also not be as clear, or as clean, as we might think.  The status of the MC-21 program is also something we don’t hear much about and today we get some...
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