Deutsche Lufthansa AG in the second quarter 2022 received positive profit before taxes and interests more than twice says preliminary financial report of the airline company. Lufthansa airline company has registered EBIT (Earnings Before Income Tax) in the range of 350-400 million euro. In the second quarter of the previous year Lufthansa received negative EBIT in the amount of 827 million euro. Exit of the…
On July 18th in Britain Farnborough started traditional international air show that hasn’t taken place in the last two years due to coronavirus pandemic. As Bloomberg forecasts with the reference to own sources, two biggest manufacturers of civil airplanes Boeing and Airbus may sign agreements for total amount of $21 billion. It is expected that airline company Delta Air will acquire 130 airplanes Boeing 737…
On July 18th on international air show in Britain city Farnborough American aerospace company Boeing signed with American airline company Delta Air agreement for selling 100 passenger airplanes B-737-10 MAX. Agreement supposes deliveries on the amount of about $13.5 billion with opportunity of additional acquisition of 30 more such aircrafts. “737-10 will become important supplement of our air fleet while we are striving to more…
Britain judge rejected Airbus decision to use the law of de Gaulle days that limits presentation of documents in foreign courts for the dispute with Qatar Airways. Qatar Airways took legal steps against French company Airbus for 1.4 billion USD due to damage of the surface covering of the airplanes and lightning protection system on the airplanes A350 declaring that safety may be at risk…
This Summer European airports have more than ever failures in their work. They are caused by the strikes of the aircraft personnel, safety service, baggage handlers, personnel shortage, technical problems. Passengers that are going to Vacation suffer a lot. Belgian Daniel Rotie said that his travel to Italian Verona became a nightmare: “On June 7th we were informed by e-mail that our flight from June…
European manufacturer of the airplanes Airbus on June 15th took to the air the newest airplane A321XLR that has to make revolution on the market of long-haul flights. First test flight lasted 4.5 hours. Airplane took off Hamburg where it was assembled and then after checking the systems returned back. A321XLR is narrow-body airplane. Usually such airplanes make medium-haul flights for example from London to…
European airline company Airbus raised stakes in the conflict with Qatar Airways about damage of the painted surface of long-haul airplanes A350 by cancelling contract for the fourth airplane. Two companies are involved in the dispute about influence of the surface scratches on the airplanes: Airbus insists that the airplane is safe but airline company Gulf affirms that questions of flight worthiness remain without answer…
European aviation company Airbus will sell about 300 passenger airplanes to Chinese airline companies. According to transaction conditions Airbus will receive from selling the airplanes 37 billion dollars. About one hundred airplanes A320 will buy from Airbus airline company China Eastern Airlines corp. Air China will acquire 64 such airplanes but its subsidiary company Shenzhen Airlines – 32 more. China Southern Airlines also announced that…
During coronavirus pandemic European airline companies and airports for reasons beyond control have significantly reduced staff. However, now when after cancellation of the majority of coronavirus restrictions number of air travels bookings has increased, carriers recognized their inability to satisfy customers’ needs. As CEO of International Air Transport (IATA) CEO Willie Walsh marked, airline companies haven’t taken into account that dismissed employees could not want…
European low-cost airline companies began to experiences serious difficulties with pilots’ and flight attendants’ recruitment after employees that left companies during pandemic didn’t want to come back to previous job because of low level of salary. Pilots’ and flight attendants’ professions suppose constant flights, work at night time and inevitable overloading. In theory they have to be prestigious and high-paid – namely these two factors…