It’s not completely there yet, but Lufthansa Group is getting pretty close already to 2019 operating and profit levels. The airline group reported Q3 revenues and an operating result today that was almost identical to Q3 2019, confirming the recovery trend…
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…
UPDATE – Lufthansa Group happily reported a return to profitability in the second quarter with a €259 million net profit. The first six months were still loss-making, in line with results at other carriers. But whereas the recovery is continuing, Lufthansa…
Embraer demonstrated the steep-approach capabilities of its E195-E2 to London City Airport with a successful first-ever landing of the type at the downtown airport on July 22. The airframer hopes to certify the type for LCY operations later this year.…
Here is our rolling report with short aviation news for the month of June 2022: 30 – KLM has repaid the final €277 million of the state-backed credit facility that it received as Covid aid in 2020. Since May, the Dutch…
The unpredictability of crude oil prices and their effect on jet fuel prices makes Lufthansa Group very cautious about the financial results for the full-year 2022. Although the airline is seeing strong bookings, fuel costs are a negative factor. Lufthansa will…