EUROPEAN PRIVATE JET MARKET SEES A 42% DROP IN THE NUMBER OF PRE-OWNED AIRCRAFT FOR SALE Photo by Chalo Garcia from Pexels Analysis (1) from Colibri Aircraft, the private jet broker which specialises in the marketing, resale and purchase of pre-owned private aircraft, reveals there are only around 142 pre-owned private jets for sale in Europe at the moment, which is 42% lower than in December 2019 (there were 243 pre-owned private jets for sale then), and 31% lower than December 2020 (there were 207 pre-owned private jets for sale then). …
QANTAS GROUP OUTLINES STRATEGY FOR RESTARTING INTERNATIONAL FLIGHT - Gradual restart planned around National Cabinet's phased reopening of international borders. Current date of December 2021 remains in reach, based on pace of vaccine rollout. Plans remain dependent on Government decisions in coming months, including future quarantine requirements. Destinations with high vaccination rates are initial focus, including North America, UK, Singapore, Japan. Early return of five A380s to meet high demand to Los Angeles and London from mid-202…
BOEING'S REVENUE HAS DROPPED BY NEARLY 50% SINCE 2018 - $58.16B In 2020 - Boeing is one of the biggest companies in the world, but the airline giant has had a very tumultuous last couple of years. Even before 2020’s Coronavirus pandemic, the company was already experiencing sharp declines in various metrics due to a major global controversy around one of its aircraft. According to data presented by Buyshares.co.za , Boeing’s revenue of $58.16 in 2020 was a 42.5% decrease compared to 2018’s record-high revenue of over $101B - a CAGR of -24…
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