Tier-1 supplier Spirit AeroSystems is to initiate a cost reduction program to reduce structural costs and improve profitability and cash flow in 2023. It says it needs to as production rates of the Boeing 737/MAX remain around 31 per month, Spirit said in its Q3...
Low vaccination rates and persistent internal barriers are a drag on the recovery of African air traffic with RPKs lagging 48% below 2019 levels. Ticket bookings for 1Q22 were only 57% of pre-crisis levels, reflecting subdued intra-African travel as many countries...
Scandinavian airline SAS is to start services with its ‘low-cost’ offspring SAS Connect and SAS Link out of Copenhagen from early 2022. The carrier is evaluating options to expand Connect to Oslo and Stockholm during the year, it said at if FY21 results presentation...
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