Reading Time: < 1 minute The aerospace giant Airbus has posted a profit for Q1 but at the same time has admitted that the “crisis is not over.” Based on the information it has provided in the report, 125 commercial aircraft were delivered, which is more than in Q1 2020. They included nine A220s, 105 A320 family, one A330 and […]

Reading Time: 7 minutes Aviation is going through another ‘first’ as it is in its worst crisis ever. The recent turbulence caused by the coronavirus pandemic is still impossible to measure; its medium- and long-term impacts either. There is neither a well-trodden recovery path to follow, nor a similar global situation to refer to. Nevertheless, the situation is not […]

Reading Time: < 1 minute airBaltic, the Latvian carrier, is set to take off after the crisis with reduced fleet, meaning that the airline’s Boeing 737 aircraft will be phased out yet this year, the CEO of airBaltic, Martin Gauss, revealed in the interview with LETA, Latvian state-owned news agency LETA. The decision does not come as a surprise, though. […]

Reading Time: < 1 minute On 5 March, 2020, the International Air Transport Association (IATA) projected that the crisis caused by the coronavirus will cost the industry a $113 billion revenue loss. On 24 March, 2020, the updated analysis revealed new numbers: $252 billion hit or 44% below 2019’s figure. The initial forecast was made in light of some travel […]