Industrial system adjusted to new production levels, cash containment and business resizing on track H1 financials reflect COVID-19 impact mitigated by adaptation measures Revenues € 18.9 billion; EBIT Adjusted € -0.9 billion,... Read more »
Hong Kong-based Cathay Pacific Airways announced last week that it would be transferring one-third of its passenger fleet for storage in the Australian desert, in a move to economize amid the COVID-19... Read more »
The UK Civil Aviation Authority has found airlines have upped their game when it comes to providing refunds in the wake of the Covid-19 outbreak. The body has been reviewing the refund... Read more »
An Inspector General (IG) report from the United States Department of Transportation (DOT) on the 737 MAX has finally been completed. It is slated for public release on July 1st. However, initial... Read more »
United Airlines has reached a tentative agreement with its pilots union for a package of measures including early retirement and voluntary furloughs. The airline is looking to shed around 2,200 pilots, in... Read more »
Boeing made this announcement: The Boeing Company reported first quarter revenue of $16.9 billion, GAAP loss per share of ($1.11) and core loss per share (non-GAAP)* of ($1.70), primarily reflecting the impacts of... Read more »
When looking at the cockpit of any plane, you’ll notice many similarities: an array of switches, information screens, and more. However, one difference you might see is the presence of a yoke... Read more »
Malaysia Airlines and Japan Airlines have joined forces to provide robust connectivity between their respective countries. By partnering on routes between Kuala Lumpur and Tokyo, both airlines can spread the risk, without... Read more »
A Department of Transportation (DOT) Inspector General (IG) report released on July 1st has thoroughly recounted the entire 737 MAX saga. One of the key findings in the report was that errors... Read more »
Airbus has announced today that it will be laying off around 15,000 employees. In response to the current crisis, the manufacturer will complete these layoffs no later than summer 2021. Implementation is... Read more »