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Lufthansa Group revises outlook and plans to store additional aircraft

X22 September 2020

Lufthansa Group yesterday shared details on Lufthansa’s 3rd package within their restructuring programme. They’ve taken decisions after they’ve witnessed a worsening outlook for international air traffic in recent weeks despite

2 minutes read

Boeing 737-800BCF (Boeing Converted Freighter) aircraft

Boeing wins order for 2 B737-800BCF aircraft and agrees for more freighter conversion lines to meet demand

Articles, Asia, North America

X21 September 2020

Aircraft manufacturer, Boeing yesterday announced that they have a firm order (unidentified customer) for 2 Boing 737-800 Boeing Converted Freighters (BCF) and they went on to add that they have

2 minutes read

AerSale acquires 24 Boeing 757-200 passenger aircraft and plans to convert them into dedicated freighters

Articles, North America

X20 September 2020

Aviation products and services provider, AerSale has recently announced that they have purchased 24 Boeing 757-200 passenger variant aircraft along with the aircraft engines and 16 spares that were included

2 minutes read

COVID-19 a blessing in disguise for Sri Lankan Airlines Restructuring efforts

Articles, Asia

X19 September 2020

Chairman of Sri Lankan Airlines, Ashok Pathirage in a recent interview with Bloomberg discussed the current state of affairs of the national flag carrier and the impacts of COVID-19 on

3 minutes read

Southwest Airlines daily cash burn was $19 million in August 2020

Articles, North America

X17 September 2020

US low-cost operator, Southwest Airlines today released its updated guidance in a Securities and Exchange Commission filing. The Airline’s operating revenue was down 70% in August with load factors at

2 minutes read

Despite Aggressive cost reductions, SpiceJet turn in a loss of INR 5.9 billion for the quarter ending June 2020

Articles, Asia

X16 September 2020

Indian Low-cost carrier, SpiceJet disclosed yesterday their financial results for the quarter ending June 2020 where it made a net loss of INR 5.9 billion (USD 80 million) compared to

2 minutes read

Iceland Air Group finalizes USD 120 million state-backed loan guarantee

Articles, Europe

X15 September 2020

Iceland Air Group today disclosed that they have received approval by the Icelandic Parliament with regards to a credit facility that would be backed by the government for up to

1 minute read

LATAM Airlines transports 805,000 passengers in August a fall by 87.4% YoY

Articles, South America

X14 September 2020

South American carrier, LATAM Airlines today released their preliminary monthly statistics for August 2020 where they operated 13.9% of its capacity in August when compared to 2019 levels which is

2 minutes read

Cathay Pacific Group to store 40% of its fleet outside Hong Kong with daily cash burn around HK$58 million a day

Articles, Asia

X14 September 2020

Hong Kong based Cathay Pacific Group today released their traffic figures for August 2020 where group carriers Cathay Pacific and Cathay Dragon only transported 35,773 passengers for the month, which

2 minutes read

Lufthansa Group reimburses €2.7 billion to 6.3 million customers so far in 2020

Articles, Europe

X13 September 2020

Lufthansa Group recently disclosed in a press release that they have reimbursed approximately €2.7 billion to a total of 6.3 million customers so far in 2020 as of 9 September

1 minute read

Singapore Airlines defers $4 billion in CAPEX spending

Sri Lankan Airlines expects passenger numbers to recover in 2022

Qatar Airways and Saudia set to resume commercial air travel today after a gap of 3 years

Lufthansa Group revises outlook and plans to store additional aircraft

Boeing wins order for 2 B737-800BCF aircraft and agrees for more freighter conversion lines to meet demand

AerSale acquires 24 Boeing 757-200 passenger aircraft and plans to convert them into dedicated freighters

COVID-19 a blessing in disguise for Sri Lankan Airlines Restructuring efforts

Southwest Airlines daily cash burn was $19 million in August 2020

Despite Aggressive cost reductions, SpiceJet turn in a loss of INR 5.9 billion for the quarter ending June 2020

Iceland Air Group finalizes USD 120 million state-backed loan guarantee

LATAM Airlines transports 805,000 passengers in August a fall by 87.4% YoY

Cathay Pacific Group to store 40% of its fleet outside Hong Kong with daily cash burn around HK$58 million a day

Lufthansa Group reimburses €2.7 billion to 6.3 million customers so far in 2020

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Singapore Airlines defers $4 billion in CAPEX spending

Sri Lankan Airlines expects passenger numbers to recover in 2022

Qatar Airways and Saudia set to resume commercial air travel today after a gap of 3 years