Coronavirus

By Thierry Dubois
Since the beginning of the COVID-19 crisis, Thales has managed to control damage at the company level thanks to a diversified portfolio of activities but its civil aviation branch was nevertheless hit hard.
Interiors & Connectivity

By Kurt Hofmann
Lufthansa Cargo (LHC) said that it is prepared for the next downturn in the air cargo business when it happens after the company presented the best results in its 26-year history following an unprecedented year.
Airlines & Lessors

By Molly McMillin
Bombardier plans to improve the profitability of its flagship Global 7500, boost aftermarket sales and increase annual revenue by $2 billion in five years as it shifts to a pure-play business jet company following the sale of its rail business in January, the company said during a Virtual Investor Day.
Aircraft & Propulsion

By Chen Chuanren
Philippine carrier Cebu Pacific has signed a PHP16 billion ($329 million) 10-year loan facility with six domestic banks, just weeks after raising PHP12.5 billion through a rights issue that was finalized in February.
Airlines & Lessors

By Sean Broderick, Ben Goldstein, Lori Ranson, Helen Massy-Beresford, Adrian Schofield, Thierry Dubois, Jens Flottau
The arrival of vaccines has airlines hoping they will begin to emerge from their worst crisis. But what will the industry look like?
Airlines & Lessors

By Lori Ranson
Despite some near-term uncertainty created by a second wave of COVID-19 infections in Brazil, Azul is maintaining a positive outlook, particularly as vaccinations become more widespread in the country.
Airlines & Lessors

By Guy Ferneyhough
The COVID-19 crisis hit Etihad Airways just as the Abu Dhabi-based carrier was starting to see the fruits of a transformation program that began in 2017.
Airlines & Lessors

By Kurt Hofmann
Lufthansa subsidiaries Austrian Airlines and Swiss International Air Lines (SWISS) have reported substantial losses for 2020 and further fleet reductions at both carriers are possible.
Airlines & Lessors

LUFTHANSA GERMAN AIRLINES lost €4.7b in 2020 (vs €1.2b profit in 2019) on 75% lower revenues.
Air Transport

LUFTHANSA TECHNIK lost €508m on €3.7b revenues in 2020 vs €472m profit on €6.6b in 2019; it serviced 4,529 aircraft.
Air Transport

LUFTHANSA CARGO earned record €772m in 2020 (vs €1m profit in 2019) on 11% higher revenues.
Air Transport

LUFTHANSA GROUP lost €6.7b in 2020 (vs €1.2b profit in 2019) on 63% lower revenues and ended year with €10.6b liquidity; enplanements dropped 75% to
Air Transport

BRUSSELS AIRLINES lost €293m in 2020 (vs €27m loss in 2019) on 72% lower revenues.
Air Transport

AUSTRIAN AIRLINES lost €319m in 2020 (vs €19m profit in 2019) on 78% lower revenues.
Air Transport

SWISS lost CHF654m in 2020 (vs CHF578m profit in 2019) on 65.2% lower revenues.
Air Transport

BOMBARDIER set financial target of $1.5b EBITDA on $7.5b revenues in 2025 vs $200m on $6.5b in 2020. It expects business jet deliveries to gradually
Business Aviation

WINGX, Germany reports year-over-year business aviation activity in US is currently down 7% in 2021; charter market is recording a 4% rise in flight
Business Aviation

MTU MAINTENANCE says it saw 18% drop in incoming engines across its portfolio in 2020, better than market expectations of -45% in shop visits for
MRO

By Adrian Schofield
The Oceania region continues to have strong underlying demand factors that will help drive the rebound in traffic and aircraft deliveries in the post-pandemic period, according to Boeing’s latest forecasts.
Airlines & Lessors

By Helen Massy-Beresford
Talks with the European Commission on plans for a second Air France bailout will last as long as is necessary to reach a fair agreement, French transport minister Jean-Baptiste Djebbari said March 4.
Airlines & Lessors

By Helen Massy-Beresford
The European Court of Auditors (ECA) has launched an audit to examine whether air passenger rights have been safeguarded effectively during the COVID-19 crisis.
Airlines & Lessors

By Helen Massy-Beresford
In a sign of progress toward sustainability goals, the aviation industry has set out a plan to achieve carbon-neutral growth by 2050.
Aircraft & Propulsion

By Jens Flottau
Boeing’s possible new aircraft could raise complicated questions for Airbus.
Aircraft & Propulsion

By Molly McMillin
Fractional ownership provider NetJets recorded a 27% decline in flight hours in 2020, while training hours in FlightSafety’s commercial and corporate simulators fell 30% compared to 2019, according to a 2020 earnings report from Berkshire Hathaway, parent company to NetJets and FlightSafety.
Maintenance & Training

Rodney Slater and Gregg Leone
The vaccines have given us back the power of “someday soon.” Now is the time for the aviation industry to think ahead.
Safety, Ops & Regulation