Boeing

Singapore Airlines (SIA) announced in a press release on Monday that it has successfully completed sale-and-leaseback transactions for eleven aircraft, including seven Airbus A350-900s and four Boeing B787-10s, raising approximately S$2.0 billion (US$1.5 billion). Four different parties arranged the transactions, SIA said in a bourse filing on Monday. They are Aergo Capital, Altavair, EastMerchant/Crianza Aviation […]

Based in Dubai, budget airline flydubai reported on Sunday May 2 a major loss of US$194 million last year, Channel News Asia reports, as its revenue fell by more than 50% in what the airline said was due to a plunge in passenger traffic as a result of the Covid-19 pandemic. The loss was also […]

Airbus flew back into profit from January to March of the current year, as cost-cutting and restructuring measures began to take their intended effect, but the company has warned that the crisis caused by the Covid-19 pandemic is far from over. The European aircraft manufacturing giant said in a statement that it booked bottom-line net […]

Sun Country on Tuesday announced a vast new expansion that includes 18 new routes and nine brand-new destinations. AirlineGeeks sat down with Sun Country Airlines Chief Revenue Officer and Head of Network Planning Grant Whitney to discuss the expansion and how the airline is planning to expand in the coming months. Note that some of […]

Avelo Airlines has officially taken flight. The new low-cost carrier, dreamt up by former Allegiant Air executive Andrew Levy, launched its inaugural flight from Hollywood Burbank Airport to Charles M. Shultz Sonoma County Airport on Wednesday. The highly anticipated startup plans to operate point-to-point routes between secondary markets. Despite launching during a pandemic, Avelo hopes […]

Boeing reported yet another quarterly loss on Wednesday amidst a continued depression in worldwide aviation demand. But the manufacturer remained optimistic that a rebound was in sight with Covid-19 vaccination programs worldwide and the return of its Boeing 737 MAX products to services. The aircraft manufacturing giant has been in crisis mode ever since March […]

Hong Kong’s largest airline, Cathay Pacific, plans to reduce its order of Boeing 777-9Xs from 21 aircraft to 10-15 aircraft, according to a report from the South China Morning Post. Two internal sources briefed on the issue stated that the airline would “optimize” its order, removing billions of dollars in cost in the next few […]

Australian regional carrier Regional Express — better known as Rex — has taken delivery of yet another Boeing 737-800NG, which comes as the sixth to join the airline’s expanding fleet of jet aircraft. The 737, with the registration VH-RYU, touched down in Sydney from Brisbane, after emerging from the lessor’s paint facility adorned in the […]

The Alaska Air Group has announced its financial results for the first quarter of 2021, and like many other U.S. airlines, is eyeing a return to profitability later in 2021. The Seattle-based carrier reported a net loss of $131 million following Generally Accepted Accounting Principles or GAAP. While the airline’s losses seem relatively small, when […]

Two weeks after retrieving the cockpit voice recorder of a crashed Sriwijaya Air jet, an official at Indonesia’s air accident investigator said on Monday, Apr 12 that the data has been downloaded successfully, including the crucial last minutes of the flight that crashed with no survivors. The second black box was recovered on Wednesday, Mar […]