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Embraer posts Q1 loss, says business jets recovering

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Brazilian plane maker Embraer on Monday (1 June) report a net loss of US$292 million for the first quarter of 2020 compared to a...

COVID-19: Korean Air posts Q1 loss

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South Korean flag carrier Korean Air posted a first quarter net loss of 736.86 billion won (US$598 million) for the January-March quarter from 116.95...

AAPA says regional full-year profits declined 25% in 2019 as carriers...

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The main trade association for many of Asia’s top airlines, the Association of Asia-Pacific Airlines (AAPA), said Wednesday (6 May) that regional airlines earned...

UPDATED: Boeing posts Q1 loss of US$641 million

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UPDATED: Boeing posts Q1 loss of US$641 millionBoeing reported a first-quarter loss of US$641 million as the company continues to deal with the grounding...

Qantas to cut capacity after reporting flat earnings

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Australia’s Qantas Group said Thursday (20 February) that it would cut capacity by 15 percent after reporting first-half earnings that were weaker than expected....

Boeing posts loss as 737 MAX weighs on earnings

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American plane maker Boeing reported its first annual loss in more than two decades on Wednesday (29 January 2020), weighed down by the continued...

Qantas gears up for Project Sunrise tests, announces profit decline

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Qantas gears up for Project Sunrise tests, announces profit decline Australian carrier Qantas said it was gearing up to test its “Project Sunrise” flights with...

Cathay Pacific earnings positive, but warns on protests

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Cathay Pacific earnings positive, but warns on protests Hong Kong's flagship airline Cathay Pacific announced it had moved back into profit but warned Wednesday (7...

MAX crisis throws Boeing into huge loss

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MAX crisis throws Boeing into huge loss The crisis at Boeing with its 737 MAX commercial aircraft is already rippling through the industry and could...