Air France-KLM aims to minimise fleet deferrals to keep competitiveness on track
Just six aircraft ordered by Air France-KLM have so far been pushed back to later delivery slots in the past six months, although KLM has yet to detail its full fleet plan.
Air France-KLM aims to keep medium-term fleet delivery schedule intact
Air France-KLM Group has recorded a €520 million impairment from its early phase-out Airbus A380 operations, and another €72 million from withdrawal of A340s for the second quarter.
Airbus impairs inventories ‘at risk’ as stored aircraft level rises
Airbus has recorded a near-€300 million charge for impairment of inventories considered at risk, as stored aircraft continue to push up its inventory level.
Airbus trims A350 rates again as crisis becomes ‘visible’ in second quarter
Airbus is trimming A350 production rates, to five aircraft per month from six, in a further adjustment to its output in the face of weak air transport market demand.
SIA defers Airbus deliveries amid S$1 billion Q1 operating loss
Singapore Airlines Group has reached an agreement with Airbus regarding aircraft deliveries and payment deferrals, as it reported a massive quarterly operating loss.
Recovering Ryanair could have 40 737 Max jets by summer 2021
Budget carrier Ryanair hopes to introduce its first Boeing 737 Max this year and up to 40 of the type ahead of the 2021 summer season.
Vistara takes first Airbus A321neo
Indian-Singaporean joint venture carrier Vistara took delivery of its first A321neo on 23 July.
Russian budget carrier Pobeda taking four more 737-800s
Aeroflot Group’s low-cost operator Pobeda is set to receive four additional Boeing 737-800s in the space of a week.
Helvetic converts E2 order to larger variant
Swiss operator Helvetic Airways is to switch part of its order for Embraer regional jets to the larger E195-E2 variant.
Mixed fortunes for Airbus and Boeing in first half amid sharp declines
Combined deliveries by Airbus and Boeing have declined by more than half during the first six months of 2020 to just 266 aircraft, compared with 2019. Meanwhile the overall order intake has collapsed into a negative tally, although this is driven by a raft of cancellations for the Boeing 737 Max.