Boeing demonstrated the 787-8 with a near vertical take-off (Image: UK Aviation Media)
Engineering and leasing news

Boeing’s Q3 deliveries drop 55% on last year

The number of aircraft delivered by Boeing in the 3rd Quarter of 2020 has dropped 55% compared the same period last year. Figures from Boeing show that they delivered just 28 commercial aircraft during the 3rd quarter and just 98 aircraft so far in 2020. Boeings deliveries have been hit [read more]

Airline news

Norwegian cancels 97 Boeing aircraft

Norwegian Air Shuttle (Norwegian) has issued a notice of termination to Boeing in order to cancel 5 Boeing 787 Dreamliners and 92 Boeing 737 Max aircraft. Norwegian has issued the notice after talks with Boeing have failed to get a satisfactory solution to the 737 Max grounding. The airline will [read more]

Boeing Factory (Image: Boeing)
Engineering and leasing news

Boeing to cut workforce by 16,000

Seattle-based airframer Boeing has announced that it plans to cut its workforce by 10% as it seeks to cut costs following a $641m loss in the first quarter of 2020. Boeing made the announcement as it posted its first-quarter results and said it will seek to cut 16,000 jobs through [read more]

Air Italy A330
News

Qatar Airways backed Air Italy ceases operations

Italian airline Air Italy has today ceased operations and entered liquidation following a meeting of shareholders earlier today. The airline is 49% owned by Qatar Airways with the other 51% being owned by Alisarda, a holding company formed from another former Italian airline. Air Italy was formerly known as Meridiana [read more]

High over the North Sea on a Ryanair 737-800
News

Ryanair cuts Carbon Emissions to 69g

Irish budget airline Ryanair (FR/RYR) has cut its carbon emissions for January down to 69g per passenger, per km. Substantially lower than many of its competitors. The airline has achieved this primarily by maintaining high load factors and having one of the youngest fleets in the industry. The figures make [read more]

Ryanair Head Office
News

Ryanair posts £88m net profit in Q3

Irish budget airline Ryanair (FR/RYR) has reported a net profit of €88m in Q3 according to its latest financial report boosted by better than expected fare prices for bookings in the Christmas and New Year period. The rise comes from a growth in traffic, up 6% to 36m passengers in [read more]

Ryanair Boeing 737 aircraft
News

Ryanair profits flat despite traffic growth

Ryanair (FR/RYR) has reported zero profit growth for the year on year period up to September 2019. The budget airline reported a Profit after Tax (PAT) of €1.5bn despite traffic being up 11% to 86m passengers from the previous period. Ryanair’s revenue per passenger also climbed one per cent, as a [read more]