Robust advanced tickets sales and the return to a small positive EBITDA for the first time in seven quarters give Air Canada reason for optimism that it is heading in the right direction for recovery. The airline said the same in…
Air Lease Corporation (ALC) has placed an order for fifty additional Boeing MAX 8 and 9 aircraft to secure delivery slots with the US airframer. As it did in November when it ordered more Airbus A321neo aircraft, ALC wants to…
Lagging Business Traffic is slowing the recovery of the US airline industry in early 2022, as business travelers have not yet returned to the skies in anywhere near pre-pandemic levels. Having learned to cope by using desktop videoconferencing applications during…
With the 2022 Singapore Airshow starting on Tuesday, the focus of the aviation industry is on Asia this week. It has been the region first affected by the Covid-crisis in 2020 and continues to be the last where travel restrictions apply,…
Lessor Avolon thinks that the airline industry has reached an inflection point and is now in the re-build phase to sustained profitability. The company returned to profitability in 2021, reporting a $47 million net profit on February 8. Avolon thinks the…
All Nippon Airways (ANA) is slowly seeing the effects of the recovery in air travel, but just as Korean Air has benefitted in Q3 FY2021 mainly from very strong cargo results. The Japanese carrier reported a nine-month-loss of ¥102.8 billion,…