Turkish Airlines produced a strong first quarter of 2022, benefitting from pent-up demand and a sharp increase in capacity. This translated into a $161 million net profit, up from $61 million in Q1 2021, the airline reported on April 28.…
Due to the uncertain time schedule of the Boeing MAX 7, Southwest Airlines has renegotiated its long-term MAX backlog. It has reduced the number of MAX 7s on order by 26 and added 81 MAX 8s to its order book by…
UPDATE – Embraer narrowed its first-quarter loss compared to last year, reporting a $31.7 million net loss attributable to shareholders. This compares to $-89.7 million for the same period last year. However, the Brazilian airframer slipped back into a loss again…
UPDATE – Boeing has confirmed that the first delivery of the 777-9 has slipped to 2025, without being more specific about the exact quarter. The airframer has revised the schedule of the 777X program, “which reflects an updated assessment of the time…
JetBlue is significantly reducing its planned capacity for this year in order to de-risk operations and offer reliable operations, taking out ten percent from its previous guidance. Instead of the projected eleven to fifteen percent capacity growth announced in January…
Air Canada reported improved Q1 results on April 26, building on a strong recovery in March after the Omicron dip in the first two months. The airline reduced the operating loss to CS$550 million from CS$1.049 billion. Air Canada reduces…