Qatar Airways published its 2019-2020 annual report on Sunday, in which it reported that the airline recorded a loss of $2 billion for the period from April 1, 2019 to March 31. The combination of the current airspace blockade against the Qatar, the liquidation of Air Italy, changes in accounting policy and reporting standards and […]
The summer has passed and the prospects for the aviation industry’s recovery are once again exhausted. The high season ends and, except for some signs of recovery in demand that was seen in July and August, the market again shows the impact of COVID-19 on European aviation. For that reason, Lufthansa decided it must advance […]
LATAM Airlines reported on Monday its preliminary operating results for the month of August 2020, which demonstrate steady progress in the gradual recovery of the airline’s network in both the domestic and international markets. The group operated at 13.9% of its capacity – measured in ASK – compared to August 2019, an improvement of almost […]
On the occasion of its 70th-anniversary celebrations, Aerolíneas Argentinas presented its aircraft with retro design and colors in a new institutional video. The plane, a Boeing 737-700, was painted in the workshops of Fábrica Argentina de Aviones, better known as FADEA, which are located in the province of Córdoba and did not imply any cost […]
In the midst of massive layoffs and reorganizations of aircraft orders, Emirates has secured a bailout that will give the company some momentary peace of mind. An aid package of 7.3 billion dirhams, or about $ 2 billion, was granted to Emirates by Dubai’s government, which further reported in a document that it is ready […]
As demand remains weak and Oct. 1 looms on the horizon, U.S. airlines are struggling to mitigate the impact of COVID-19 in the industry. In that context, Delta has announced in an internal memo that is planning to furlough 1,941 pilots once the CARES act prohibition on involuntary cuts ends. “We are six months into […]
Today, a press release by Boeing set off some alarms in the aviation industry: for the first time, an official statement from the company referred to the troubled 737 MAX as the Boeing 737-8 instead of the well known MAX 8 moniker the variant had carried since its inception. The 737-8 identification is far from […]
Argentina’s commercial aviation market is impacted by a myriad of factors that have little, if anything, to do with commercial aviation. One of the best examples of this is the story of two companies – or three, or four – and the slots at the country’s main domestic airport: Buenos Aires’ Aeroparque. In 2016, Mauricio […]
Alliance Airlines, an Australian operator based in Brisbane, is getting 14 Embraer E190 E-Jets for $80 million, including six spare engines, a full flight simulator and other training-related equipment. The deal includes the option for five additional aircraft to be provided by Azorra Aviation, a Florida-based lessor, per The Australian. The fleet, previously operated by […]
Boeing announced today its results for the second quarter of the year and it comes as no surprise that the balance continues to be negative, even with the significant contribution of Boeing Defense & Space and Boeing Global Services. With Boeing Commercial facing such a challenging time, the company is trying to rearrange its landscape […]
