The new lockdown imposed by the French government amid rising cases of coronavirus across the region will weigh on Air France-KLM’s performance through the fourth quarter of this year. The new lockdown imposed by the French government amid rising cases...
Belgian aerostructures manufacturer will transition dual-powered concept into production-ready aircraft, says start-up. Belgian aerostructures manufacturer Sonaca is to develop and build the airframe for VoltAero’s Cassio hybrid-electric aircraft. Under the terms of an agreement with the French start-up announced today,...
The Indian government has changed the rules for the Air India bidding process and again extended the timeline, hoping to garner more interest in a sale of the carrier. The government is now inviting bids at enterprise value, on an...
Japan Airlines will retire up to 24 of its Boeing 777 aircraft over the next three years, as it battles the coronavirus crisis that saw it rack up significant losses for its half-yearly results. Elaborating on its future fleet plans,...
IndiGo will continue to honour all of its lease rental payments to lessors and has not been delaying any payments, the carrier’s chief financial officer said in a 29 October earnings call. “We are current on all our lease costs...
IndiGo has posted a loss from operations before exceptional items and tax of Rs11.9 billion ($160 million) for the second quarter of the 2021 fiscal year ended 30 September as it focuses on managing the Covid-19 crisis and looks towards...
IAG has recorded exceptional charges of €275 million ($321 million) in the third quarter relating to staff restructuring at British Airways and Aer Lingus. The parent company says the restructuring corresponds to a reduction of 10,000 in employee numbers, of...
Deliveries of CFM International Leap engines more than halved across the first nine months of the year, falling to 622 against 1,316 in the same period a year earlier. French aerospace giant Safran, which is a 50:50 partner in the...
Mitsubishi Heavy Industries (MHI) will further trim the budget of its troubled SpaceJet programme and “temporarily pause” most related activities, as it mulls a “possible programme restart”. Releasing its medium-term business plan for its fiscal year 2021-23 fiscal years, MHI...
The Japanese Ministry of Defence has signed a contract with Mitsubishi Heavy Industries (MHI) for development of the new F-X fighter. “We have signed a contract with Mitsubishi Heavy Industries,” says the ministry. “In the future, we will steadily proceed...