Higher revenues, more passengers, but still a lower net result. That describes the fiscal year 2019 for Air France-KLM. The Franco-Dutch airline group recorded a net income in 2019 of EUR 290 million compared to 420 million in 2018 (a…
Airbus revealed a prototype scale model of a blended wing aircraft that could eventually become an airliner concept in the future. The concept called Maveric (Model Aircraft for Validation and Experimentation of Robust Innovative Controls) was announced on the first…
Ryanair regained its leading position as Europe’s biggest airline in passenger numbers: the Irish low-cost flew 152.4 million pax in 2019, including LaudaMotion. This makes her bigger than Lufthansa again, who secured pole position in 2018. Now that most airline…
Brazil’s Embraer has revised its guidance for 2019 and 2020 as the company expects higher ‘cash consumption’ to complete its strategic partnership with Boeing. Net dividend to shareholders will be reduced from $1.3-1.6 billion, down from the previous range of…
Air France-KLM will (have to) ‘reinvent’ itself if it wants to meet its targets of higher revenues, strong improvement of the operating margin, reduced costs, and more operational efficiency, the French-Dutch airline group said on its Investor Day on November…
KLM Royal Dutch Airlines generated a lot of attention on social media when it unveiled the futuristic Flying-V airliner concept last June at the IATA Annual General Meeting in Seoul. It repeated this feat last week when it had a…