Airbus targets to deliver 720 aircraft this year, up from 611 in 2021. But getting to this level will be “extremely difficult”, CEO Guillaume Faury said during the 2021 results presentation on February 17. “We need to earn our right…
Air Lease Corporation (ALC) will emphasize more on coping with demand for narrowbody aircraft. It is satisfied with the almost complete placement of its widebodies but wants to get a stronger hold on the narrowbody market, where demand is huge.…
UPDATE – Boeing expects that rework on the 787 and lower production rates to result in $1.0 billion in abnormal costs. Of this, $183 million has been recorded in the third quarter results, the airframer said on October 27 during…
On two occasions, on January 27 and again today on April 28, Boeing’s Chief Financial Officer Greg Smith warned analysts of the need of taking a reach-forward loss on the 787. But even now, with Dreamliner production being hampered by…
For those who have been watching carefully, our AirInsight US Airline Performance Index has been in the red – that is decreasing – over the last week. That trend has been driven by promising growth rates a couple of weeks…
International Airline Group’s (IAG) acquisition of Air Europa will strengthen Iberia’s position in Latin America. It allows the Spanish airline more access in the Americas, as Air Europa currently operates to 14 Latin American countries. Enhancing connectivity The presence of…