Airbus and Boeing results show COVID19 pain is here to stay

Airbus and Boeing - two of world’s largest aircraft manufacturers declared their half yearly results over the last two days. On expected lines, both have declared losses. Boeing saw a drop of 26% in revenues in the first half of 2020 over the same period last year. The drop was 39% for Airbus. For Boeing, … Continue reading Airbus and Boeing results show COVID19 pain is here to stay

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Airbus, Boeing announce Q1 losses, cut production rate

The two largest airplane makers in the world, Airbus and Boeing announced their Q1-CY20 results today. As anticipated both the manufacturers have declared losses as the world battled COVID-19 and air travel is one the most impacted industries worldwide. Airbus reported revenues of EUR 10.6 billion and a consolidated net loss of EUR 481 million … Continue reading Airbus, Boeing announce Q1 losses, cut production rate

IndiGo – Qatar one-way codeshare a boost for Qatar

India’s largest carrier by fleet and domestic market share – IndiGo, announced a one-way codeshare with Qatari flag carrier Qatar Airways. The codeshare, interestingly, is a one-way codeshare where Qatar Airways will place its code between Doha and Delhi, Mumbai and Hyderabad. For what was believed to be a big strategic announcement, this came as … Continue reading IndiGo – Qatar one-way codeshare a boost for Qatar