Planes

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The Process of Preparing Aircraft for Long-Term Storage

With COVID-19 decimating the travel industry, demand has dropped to almost nothing. Planes have been sent to storage for who knows how long. Many aircraft will be brought into service as demand picks up but some will be kept in…

Lufthansa Group Restructures Fleet Following COVID-19

German flag carrier Lufthansa has announced it will be fast-tracking the retirement of a number of aircraft from its fleet, anticipating a reduction in air travel following the Coronavirus pandemic. In a media statement released by the airline, the Lufthansa…

Getting Creative: Aegean Airlines Converts Fleet to Cargo Aircraft

As airlines deal with a sharp decline in air travel demand and closed borders, they are becoming creative in finding new ways to keep their aircraft flying. On March 26, Aegean Airlines temporarily suspended its international network until April 30…

Embraer Fiscal Year Financial Results ‘Below Expectations’

Embraer delivered its financial results for the year 2019 which some analysts consider to be below expectations. This will add to the fact that the joint venture with Boeing is now delayed as the European Union says it sees a…

KLM, Qantas Reportedly Flying Final 747 Flights This Weekend

The global COVID-19 crisis has impacted aviation profoundly as airlines quickly adapt to crippling demand for air travel and a new reality of border restrictions, grounded jets and seeing sub 20 percent flight load factors. Over 85 airlines across the…