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 remaining state aid and...
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...
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,...
Swedish start-up Heart Aerospace has redesigned its full-electric regional aircraft from a 19-seater to a 30-seater. The airframer also announced Air Canada and Saab as new minority shareholders of the project, while also announcing new orders. Heart unveiled the...
In the current environment of supply chain issues that are exacerbated by the war in Ukraine, it must be unlikely that Airbus and Boeing will be able to ramp up the production of their aircraft. That’s the view, at least, that two influential specialists in the lessor...
AirInsight is the boutique aerospace media and analysis team and part of AirInsight Group LLC.
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