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SAS transformation risks getting nowhere without union support

SAS transformation risks getting nowhere without union support

by Richard Schuurman | Apr 29, 2022 | Airlines | 0 comments

SAS is having great difficulty in getting support for its SAS Forward transformation plan from key stakeholders. It risks ending up in a court procedure as negotiations have been unsuccessful so far, the airline said on April 29 in a media statement. SAS...
Closing in – traffic is up but with concern about risks

Closing in – traffic is up but with concern about risks

by Ernest Arvai | Mar 9, 2022 | Airlines | 0 comments

US air traffic is closing in on pre-pandemic levels, but still falling just short. Nonetheless, with four of the last seven days reporting more than 2 million daily passengers, the industry is now closer to pre-pandemic levels than it has been for a non-holiday week...
Lufthansa Technik risks losing quarter-billion revenues in Russia

Lufthansa Technik risks losing quarter-billion revenues in Russia

by Richard Schuurman | Mar 9, 2022 | Aerospace | 0 comments

The sanctions on Russia not only affect Russian airlines, but also MRO companies in Europe and across the world. For example, Lufthansa Technik risks losing €240 to 250 million in annual revenues if the Russian market disappears, it said on March 9 during its 2021...
AMCK cites risks as reason for exiting leasing market

AMCK cites risks as reason for exiting leasing market

by Richard Schuurman | Dec 24, 2021 | Aerospace, Lessors | 0 comments

Another aircraft lessor has been affected by the impact of the pandemic. Dublin-based lessor AMCK is selling its existing and future aircraft portfolio of 148 aircraft for $4.2 billion to Carlyle Aviation Partners, it announced on December 23. AMCK cites risks as...

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