Easyjet closed up 6.06% this evening at 348.40p, right under the major horizontal resistance line at 350p. It now really appears to be consolidating its position around this line, as in September, with the difference that it has closed above the SMA50 for the 3rd trading day in a row. We must insist that this […]
The forecast is not looking good for the airline industry as share prices of major airlines have plummeted this October, following the general negative trend that we have been observing since late 2019. This comes as no surprise to us, considering October is often the worst month of the year for many airlines; this is […]
Easyjet has now closed under the 0.564p level (at the SMA 50 level, 50 day moving average), which it tried to surpass for the 2nd time and failed to do. This is the 3rd time in just over a month that it has failed to go above this point, a signal that it has become […]
Here is a list of the current airline start-ups in 2021, which will be regularly updated to add on new start-ups for this year : Green Airlines: Another German start-up based in Karlsruhe, this airline is a virtual airline (that has outsourced many of its operations to other companies) and will start operations from Weeze […]
Yet again, mainstream aviation media has hyped the coming of new airlines from faraway places, with interviews of airlines that haven’t even obtained a license yet. As a matter of fact, mainstream aviation media interviews airlines that start up over a year later. The so-called 14 Latin American start-ups of 2021, turned to 0, as […]
Aalborg-based Great Dane Airlines ceased operations on the 11th of October, filing for bankruptcy on the same day. At the time of its demise, the airline operated 3 Embraer E195 jets (with a capacity of 118 passengers) bought from Irish regional airline Stobart Air in 2019 and flew to 15 destinations across Europe. Its main […]
Easyjet has suffered its worst week in 2021, a 13.65% drop in price and a disastrous Friday close at 0.680p, down 3.87% on the day. On Thursday, the airline had rejected a takeover bid by Wizz Air, declaring it “low premium and highly conditional all‐share transaction which, in the board’s view, fundamentally undervalued the company”. […]
Despite last year’s generally appalling financial results for most airlines, it did seem that some were going to continue to operate, and that the financial aid distributed by various governments might spare some smaller airlines. But now, whatever the revenue of the airline and whichever market it is serving (apart from Asian airlines), the slow […]
Easyjet’s sudden drop to £940 early this June did incite some panic, but that was just because of the closure of the Portugal-UK corridor which spread wildfire amongst airline stock bears. We came back down to the £960s, and now are consolidating at £986, up from £967 a big almost 2% on the day. There […]
This British Aerospace 146-300 (BAe 146-300), registered as 5X-AAZ for its future operator, Ugandan air cargo company Zone Four, is powered by 4 Lycoming ALF-502 turbofans and can seat between 97 and 112 passengers. It has had an interesting history, having not being taken up twice and being one of the few BAe 146s to […]
New Hünxe-based (North Ruhr Westphalia, Western Germany) start-up MeerExpress began operations on the 26th of March between Hünxe’s Schwarze Heide airfield and Norderney, an East Frisian island, using a Cessna 208 Caravan or 208B Grand Caravan (both turboprops, the 208 can seat up to 9 passengers and the 208B 11 passengers) operated by Hohenlockstedt-based (Schleswig-Holstein, […]
Launched a little over 3 weeks ago, Atlanta and Liege (a city in French-speaking eastern Belgium) based cargo airline CMA CGM Air Cargo possesses 4 Airbus A330-200Fs (freighters), 2 of which are currently in service, that are operated for them by Air Belgium, a Belgian long-haul airline. It is part of the large French shipping […]
Registered as C-GPBR for Winnipeg-based airline Calm Air International, this ATR 72-202 is different from later ATR 72 versions, as it is powered by 2 2522 eshp (shaft horsepower) Pratt & Whitney PW124B turboprops, and uses a 4-bladed Hamilton Standard propellor. Later versions of the ATR 72 mainly use more powerful PW127F and Ms (repectively […]
Under the registration number HB-AES for former Swiss airline Sky Work Airlines, this Dornier Do-328, of which only 217 were produced, has operated with 7 different airlines across 2 continents and is currently being stored at Bern Belp Airport in Switzerland. After coming out from the Dornier factory in Oberpfaffenhofen, Bavaria in February 1995, HB-AES […]
A new Brazilian airline, ITA Transportes Aéreos (Itapemirim Transportes Aéreos), received its first aircraft, a 15 year-old Airbus A320-200 previously operated by Spanair (a former Spanish scheduled airline) and Vueling (a Spanish low-cost airline) on the 20th of February and is to start operations on the 19th of March. Founded in early 2020 by parent […]
Created by a pilot of Slovenia’s former flag carrier Adria Airways, Blaz Berdnik, SouthEast Airlines is a Slovenian airline that intends to begin operations in early June with a single-class, leased 180-seat Airbus A320-200. The project began in early 2019, before Adria Airways ceased operations. Mr Berdnik assembled former Adria Airways board members as well […]
The CEO of German leisure airline Sundair, Marcos Rossello, has announced that he is planning to open a new Croatian start-up, Fly Air 41, that will begin operations in either the end of April or the beginning of May. Mr Rossello stated that the possible name for this new airline comes from an IT aviation […]
The Czech Republic’s flag carrier, CSA (which stands for České Aerolinie), has filed for bankruptcy under the country’s Insolvency Act (Act N° 182 or 2006), which as of 2013, offers a debt discharge program. This Insolvency Act is used for 3 types of insolvency proceedings: those of bankruptcy, reorganisation and debt relief. Prior to filing […]
Moldovan cargo airline Aerotranscargo (headquartered in the Emirate of Sharjah, UAE, and operating 6 Boeing 747-400Fs) has announced that it is to create a Dutch subsidiary, Aerotranscargo Netherlands, which will begin operations this summer. The start-up plans to operate cargo flights to China, Hong Kong and the USA using 2 Boeing 747-400s leased from its […]
Air Serbia officially retired its remaining 2 Boeing 737-300s on the 18th of February after almost 36 years in operation with JAT Yugoslav Airlines, JAT Airways and Air Serbia for the older aircraft. The 2 aircraft, which are registered YU-ANI and YU-ANK, have recently been operating for Air Serbia’s charter division, Aviolet (note how the […]
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