Singapore Airlines and low-cost subsidiary Scoot have reported their highest half-year revenues and profits, thanks to the rebound of traffic to North Asia. The HY1 operating profit of $1.554 billion is up 25.9 percent year on year. Demand remains strong,…
Lufthansa CEO Carsten Spohr thinks that the integration of ITA Airways into Lufthansa Group will be no more difficult than integrating Austrian Airlines, SWISS, and Brussels Airlines has been. Actually, it could be even easier as ITA has already been…
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…
UPDATE – Lessor BOC Aviation said that eighteen aircraft with a book value of $935 million may be affected by the sanctions on Russia. It is too early to say if this means that it won’t be able to repossess these…
Air France-KLM Group CEO Ben Smith doesn’t seem too worried about the prospect of Lufthansa and sea shipping company MSC buying into Italian carrier ITA Airways. If the German/Swiss group gets a majority share in ITA, that doesn’t mean that…
IATA Director General Willie Walsh is worried about the feud between Airbus and Qatar Airways of the A350 paint quality issue, with the airframer terminating the contract for fifty A321neo’s that the airline placed in 2017. He commented on the…