Insight: Friday 24 July 2020: Can COMAC gain from the pandemic amidst a new “cold war”?
Month July 2020
Southwest, Spirit, and Alaska in the same boat in Q2
Unsurprisingly, Southwest Airlines and Spirit Airlines have also reported Q2 losses, both announcing their results on July 23. Southwest recorded a net loss of $-915 million or even $-1.5 billion without special items, Spirit a $-144.4 million net loss. Alaska…
Insight: Thursday 23 July 2020: Could COVID-19 become a blessing in disguise for Boeing?
NEWS: Boeing Commercial Aircraft has been struggling over the last decade with multiple problems related to quality and safety. Both the 787 and 737 MAX were grounded for safety reasons, the company has consistently underestimated the time and costs of…
Evaluating US airline domestic fleet activities
It increasingly clear that this pandemic provides US airlines with a great opportunity to rationalize fleets that had grown organically based on the near ending demand growth. Older aircraft were retired after they were really old – especially at Delta.…
American: $2.0 billion net loss Q2
American Airlines has recorded a $-2.067 billion net loss or a $-2.659 billion pre-tax loss in Q2, it announced on July 23. The HY1-loss mounted to $-4.308 billion net and $-5.549 billion pre-tax. While its competitor United used to describe…
Helvetic Airways Briefing
Tobias Pogorevc, CEO of Helvetic Airways, provided us with an excellent update on the Swiss regional airline and its decision to move to the Embraer E2, including the latest conversion to the E195-E2. Also discussed were several issues related to…