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Lufthansa worried about ‘jet crack’-effect on fuel prices

Lufthansa worried about ‘jet crack’-effect on fuel prices

by Richard Schuurman | May 5, 2022 | Airlines | 0 comments

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...
BOC Aviation happy with higher profit but worried about Russia

BOC Aviation happy with higher profit but worried about Russia

by Richard Schuurman | Mar 10, 2022 | Aerospace, BOC | 0 comments

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 aircraft, but every option must be taken into...
Air France-KLM not too worried if Lufthansa buys into ITA Airways

Air France-KLM not too worried if Lufthansa buys into ITA Airways

by Richard Schuurman | Feb 17, 2022 | Airlines | 0 comments

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 the Italian market is lost...
IATA boss worried about Qatar-Airbus feud

IATA boss worried about Qatar-Airbus feud

by Richard Schuurman | Jan 25, 2022 | Aerospace | 7 comments

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 issue when asked during...

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