Liner profits smash all records

The earnings before interest and taxes (EBIT) liner shipping has made in the past three years are more than the combined profits of the previous 63-year history of container shipping, according to new analysis by Sea-Intelligence. Sea-Intelligence experts have estimated the liner sector made an EBIT of $208bn last year, having racked up $164bn, and […]

Airbus Final Assembly Line in China delivers its first A321neo

Airbus has delivered the first A321neo aircraft assembled at its Final Assembly Line Asia (FAL Tianjin) to China’s Juneyao Air in Tianjin, China. The aircraft is powered by Pratt & Whitney GTF engines and features 207 comfortable seats, 8 in Business and 199 in Economy class. Its delivery flight is to use a ten percent Sustainable Aviation Fuel […]