Malaysia Airlines Group produced a positive operating result or EBITDA in 2021, the first in many years. The result reflects efforts to restructure the balance sheet and reduce debt. With passenger traffic still low, MAB main revenue generator was cargo.…
On the back of a better than expected first half-year of its FY22, easyjet is predicting a headline loss before tax of £535-565 million. This is an improvement over last year. With strong forward bookings, capacity should be almost back to…
Despite an “extremely challenging” start to 2022, Cathay Pacific is “resolutely committed” to protecting its position as a leading airline at its Hong Kong hub. “We have absolute confidence in the long-term future of Hong Kong. Everything we do at Cathay…
UPDATE – Higher production deliveries of the Boeing MAX and Airbus A220 program have improved the results of tier-1 supplier Spirit AeroSystems in 2021. However, they were severely impacted by the ongoing production pause of the Boeing 787, which produced…
UPDATE – Boeing has taken a pre-tax non-cash charge of $3.460 billion on the 787 program as deliveries remain suspended over quality issues. Abnormal costs for the Dreamliner increased by $285 million in Q4 and total approximately $2.0 billion, with…
UPDATE DLR – Initial findings of test flights of an Airbus A350-900 using pure sustainable aviation fuels (SAFs) show that the unblended fuel produces fewer particulates and improves fuel efficiency. As such, 100 percent SAFs seem to confirm claims that…