Lufthansa Group foresees that Eurowings will operate no more than seven long-haul aircraft in 2021 amid plans for the low-cost subsidiary’s intercontinental operations to be consolidated in new unit Ocean. Lufthansa Group foresees that Eurowings will operate no more than seven long-haul aircraft in 2021 amid plans...
Bombardier has broadly laid out a plan to return to profitability in the coming years as a standalone aviation company that will deliver 100 to 120 business jets annually. Bombardier has broadly laid out a plan to return to profitability...
Iberia has put its first converted Airbus A330 freighter into service, operating on flights between Madrid and Los Angeles. Iberia has put its first converted Airbus A330 freighter into service, operating on flights between Madrid and Los Angeles. The Oneworld carrier says all economy and...
Scandinavian low-cost carrier Norwegian has converted another €1.7 million ($2 million) of debt into equity after perpetual bondholders agreed to swap loans for shares. The bonds are being converted into nearly 4.6 million new, freely tradeable shares in the company, states Norwegian in a...
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Wizz Air’s latest fleet plan projects a slower overall increase in the number of aircraft, compared with the beginning of this year, but with a focus on expanding the A321neo rather than the A320neo fleet. At the beginning of 2020,...
Air cargo demand helped Korean Air eke out an operating profit of W7.6 billion ($6.5 million) in the third quarter — its second consecutive profitable quarter since the coronavirus struck — but its overall revenue was down more than half from a year...
Lufthansa Group will cut capacity to no more than a quarter of previous-year levels for the rest of the 2020 after disclosing a third-quarter net loss of almost €2 billion ($2.3 billion). Lufthansa Group will cut capacity to no more...
Australia’s Regional Express (Rex) has taken delivery of its first of six Boeing 737-800 aircraft, as it mulls taking up to 10 examples by the end of 2021. The aircraft, stripped of its previous livery save for a ring of...
The Tupolev Tu-160M strategic bomber has conducted its first flight using updated United Engine Corporation NK-32-02 engines. The flight lasted for 2h 20min and the aircraft reached an altitude of 19,700ft, according to Russian defence holding company Rostec. Source: United...