ALC expects booming market for widebody aircraft

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Turkish Airlines reported a strong third quarter, in which capacity, the operating result, and net profit exceeded those of 2019. The airline produced these results despite “increasing geopolitical tensions and global inflationist pressure while facing unprecedented operational problems,” it said on…

Finnair produced its first operating profit since Q3 2019, but the net result is still negative. The €35 million EBIT is also leaning heavily on seasonal effects, with the summer traditionally being the strongest period. Increasing costs confirm the need for…

Russian Federal Air Transport Agency checking airworthiness 600 aircraft by the end of year

Finnair has announced a drastic strategy change on September 7 that should help to overcome the headwinds from the Covid crisis and the war in Ukraine. The airline will opt for a more balanced network to make it no longer…

Here is our rolling report with short aviation news for the month of August 2022: 29 – Spanish airline Air Europa has signed an agreement with AerCap to lease ten Boeing MAX 8s plus five 787-9s. All aircraft will be delivered between…