Make in India – Embraer makes a move
Take a read of the story here. Embraer is talking with the Indian government and conglomerates about setting up a FAL in India. We opined on this idea in February this year. The certainty of any or all three big…
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Rights issue should make Finnair even stronger
Finnair plans to launch a rights issue before the end of this year to raise €600 million in fresh capital. The proceeds will be used to repay part of a €400 million standing loan and support the revised strategy that has…
Turkish Airlines expects to make fleet decision ‘soon’
Turkish Airlines expects to be ready to announce a decision on its large fleet order “soon.” The carrier is still in the decision process for the aircraft and engines, which is more complicated due to delivery delays and technical issues.…
Higher revenues make Air France-KLM’s Q1
Air France-KLM benefitted from 42 percent higher revenues from more passengers and consequently reduced its net loss in Q1 to €-344 million. The outlook for the summer is good and the group’s finances look much better since it has redeemed all…
Strong bookings make easyJet positive for HY1 2023
easyJet expects to significantly reduce its HY1 losses this financial year 2023, based on continued strong demand for tickets and package holidays. The low-cost airline benefitted from strong bookings in its first quarter (October-December), reducing the pre-tax headline loss to £-133…
Defense woes make Boeing slip back into a deeper loss
UPDATE – A $2.8 billion charge on fixed-price defense development programs had a significant impact on Boeing’s earnings and revenues, resulting in a $-3.308 billion consolidated net loss in Q3. But despite more aircraft deliveries and higher revenues, Commercial Airplanes…