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Cathay Pacific Posts Record $1.27 Billion First Half Loss

WIL BALDWIN August 12, 2020

Cathay Pacific aircraft are seen parked on the tarmac at the airport, following the outbreak of the new coronavirus, in Hong Kong SYDNEY (Reuters) - Hong Kong's Cathay Pacific Airways Ltd reported a record HK$9.87…

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Emirates to Resume A380 Service to Toronto, Ontario, Canada

WIL BALDWIN August 10, 2020

Emirates has announced it will resume its A380 operations to Toronto starting 16 August, taking its A380 network to six cities.The airline continues to gradually expand the deployment of its double-decker aircraft in line with…

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Tesla Reports Q2 Profit, Announces Texas Gigafactory

WIL BALDWIN July 26, 2020

Tesla (TSLA) posted a surprise second-quarter profit last week on cost cutting and strong deliveries, offsetting the effects of its Covid-19 related factory shutdowns. The report may help the electric vehicle manufacturer gain inclusion into…

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DHL Express Increases Capacity with Boeing Converted Freighters

WIL BALDWIN July 22, 2020

DHL Express and Boeing [NYSE: BA] announced that it will add four 767-300 Boeing Converted Freighters (BCF) as part of the logistics company’s efforts to continue modernizing and growing its fleet with cost-efficient and reliable…

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Rolls-Royce Strengthens Opportunities with Kinolt Acquisition

WIL BALDWIN July 18, 2020

Strenghtens Rolls-Royce’s market position in safety-critical applications with a leader in dynamic uninterruptible power supplyCompletes Rolls-Royce’s product offering and accelerates the strategy of offering integrated solutionsAcquisition expected to deliver cost and revenue synergies, and help…

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Safran Shares Lifted by Boeing 737 MAX Restart Plan

WIL BALDWIN May 28, 2020

Outbreak of the coronavirus disease (COVID-19) in Renton, Washington PARIS (Reuters) - Safran <SAF.PA> shares rose on Thursday after Boeing <BA.N> said it would restart production of its 737 MAX jet and announced further cost-cutting…

Aer Lingus to Review Social Distancing Following Packed Flight

WIL BALDWIN May 5, 2020May 5, 2020

LONDON (Reuters) - Irish airline Aer Lingus said it was reviewing its social distancing procedures after a flight on Monday was packed with passengers. European flights have all but come to a standstill during the…

EasyJet Says Can Ride Out 9 Month Shutdown and Slow Recovery

WIL BALDWIN April 18, 2020April 18, 2020

FILE PHOTO: EasyJet planes parked at Luton airport after the airline grounded its entire fleet LONDON (Reuters) - EasyJet can survive a nine-month shutdown thanks to its measures to contend with the coronavirus crisis and…

First Nigerian A-29 Super Tucano Completes Inaugural Flight

WIL BALDWIN April 18, 2020

Jacksonville, EUA, April 17, 2020 – Embraer Defense & Security and Sierra Nevada Corporation (SNC) announced the first of 12 A-29 Super Tucano light attack, combat and reconnaissance aircraft for the Nigerian Air Force (NAF)…

Volaris Announces Temporary Capacity Reduction

WIL BALDWIN April 2, 2020

PRNewswire/ -- Volaris (NYSE: VLRS), the ultra-low-cost airline serving Mexico, the United States and Central America, announces that pursuant to a decree published in the Official Gazette of the Federation, the Government of the United Mexican States, acting through the…