Troubled flag carrier Kenya Airways continued to claw back territory during the first half of 2022, posting a 76 percent increase in revenue and reducing the loss position by 31.5 percent. The carrier says “pent-up demand and the removal of travel restrictions” have...
UPDATE – AerCap, the world’s largest leasing company, expects to recognize an impairment on its assets leased to Russian airlines that have not been returned following the sanctions on Russia. The exact amount hasn’t been determined, but the impairment will be...
The news yesterday that Qantas selected Airbus for the A321XLR and A220 should not be a surprise. The deal was Boeing’s to lose and lose it they did. Let’s explain how we see this. Qantas’ requirements are the same as any other airline – they...
During the 2021 third quarter, LATAM lost $691.9 million due to the impact of the COVID-19 pandemic, plus the increase in costs associated with aircraft maintenance, and one-off impacts, said the carrier in a statement. Despite the loss, LATAM believes it is...
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