Boeing has reported a challenging financial year for 2024, with a 14% drop in revenue to $66.5 billion and a net loss of $11.8 billion. In the fourth quarter, the company faced a 31% revenue decline to $15.2 billion, accompanied by a net loss of $3.86 billion.
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GOL (Brazil), currently undergoing Chapter 11 bankruptcy proceedings, has announced plans to request authorization from the Bankruptcy Court to enter into a settlement agreement with Brazil’s Attorney General’s Office of the National Treasury and the Special Secretariat of the Federal Revenue. This move represents a critical step in GOL’s ongoing restructuring process.
IAG (International Airlines Group), the UK-based parent company of British Airways and Iberia, is considered significantly undervalued by financial firm Panmure Liberum. According to Panmure Liberum, IAG’s share price should be trading at more than double its current value due to the company’s high return on capital and profit margins that outperform its industry peers. This assessment suggests that…
EPCOR, a subsidiary of the Dutch aerospace group AFI KLM E&M, specializing in Auxiliary Power Unit (APU) services, and Finnair, the flag carrier of Finland, have agreed to extend their maintenance contract for an additional five years. This agreement covers the GTCP331-350 APUs installed on Finnair’s fleet of Airbus A330 aircraft.
Vietjet Air, a prominent airline based in Vietnam, has encountered a lease contract issue involving two Embraer E190 aircraft, registered as VN-A251 and VN-A252. The airline claims that the aircraft owner failed to meet the agreed-upon terms, resulting in delivery delays. In response, Vietjet Air has requested that the Civil Aviation Authority (CAA) cancel the…
Air Serbia is scheduled to take delivery of its fourth Airbus A330-200 aircraft in February 2025, following a series of delays.
GOL (Brazil), currently undergoing Chapter 11 bankruptcy proceedings, has announced plans to request authorization from the Bankruptcy Court to enter into a settlement agreement with Brazil’s Attorney General’s Office of the National Treasury and the Special Secretariat of the Federal Revenue. This move represents a critical step in GOL’s ongoing restructuring process.
IAG (International Airlines Group), the UK-based parent company of British Airways and Iberia, is considered significantly undervalued by financial firm Panmure Liberum. According to Panmure Liberum, IAG’s share price should be trading at more than double its current value due to the company’s high return on capital and profit margins that outperform its industry peers. This assessment suggests that…
EPCOR, a subsidiary of the Dutch aerospace group AFI KLM E&M, specializing in Auxiliary Power Unit (APU) services, and Finnair, the flag carrier of Finland, have agreed to extend their maintenance contract for an additional five years. This agreement covers the GTCP331-350 APUs installed on Finnair’s fleet of Airbus A330 aircraft.
Vietjet Air, a prominent airline based in Vietnam, has encountered a lease contract issue involving two Embraer E190 aircraft, registered as VN-A251 and VN-A252. The airline claims that the aircraft owner failed to meet the agreed-upon terms, resulting in delivery delays. In response, Vietjet Air has requested that the Civil Aviation Authority (CAA) cancel the…
Air Serbia is scheduled to take delivery of its fourth Airbus A330-200 aircraft in February 2025, following a series of delays.
GOL (Brazil), currently undergoing Chapter 11 bankruptcy proceedings, has announced plans to request authorization from the Bankruptcy Court to enter into a settlement agreement with Brazil’s Attorney General’s Office of the National Treasury and the Special Secretariat of the Federal Revenue. This move represents a critical step in GOL’s ongoing restructuring process.
IAG (International Airlines Group), the UK-based parent company of British Airways and Iberia, is considered significantly undervalued by financial firm Panmure Liberum. According to Panmure Liberum, IAG’s share price should be trading at more than double its current value due to the company’s high return on capital and profit margins that outperform its industry peers. This assessment suggests that…
EPCOR, a subsidiary of the Dutch aerospace group AFI KLM E&M, specializing in Auxiliary Power Unit (APU) services, and Finnair, the flag carrier of Finland, have agreed to extend their maintenance contract for an additional five years. This agreement covers the GTCP331-350 APUs installed on Finnair’s fleet of Airbus A330 aircraft.
Vietjet Air, a prominent airline based in Vietnam, has encountered a lease contract issue involving two Embraer E190 aircraft, registered as VN-A251 and VN-A252. The airline claims that the aircraft owner failed to meet the agreed-upon terms, resulting in delivery delays. In response, Vietjet Air has requested that the Civil Aviation Authority (CAA) cancel the…
Air Serbia is scheduled to take delivery of its fourth Airbus A330-200 aircraft in February 2025, following a series of delays.
