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Year 2020

Morning Call: Friday 8 May 2020

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Commercial Air Lease cuts jet capex, offers relief to crisis-hit airlines – Reuters Rolls-Royce signals job cuts as lowers engine output forecast – Reuters Copa Airlines to retire 737-700s – Reuters KLM restores 8 cities back online, all served daily by…

JetBlue and Spirit in the same boat

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Both JetBlue and Spirit reported their Q1 results this week, unsurprisingly posting net-losses for the period as they felt the impact of Covid-19. Let’s have a look: JetBlue: JetBlue’s net loss for Q1 was $-268 million compared to a 42…

Airbus April 2020 YTD O&D

Airbus

Here is our updated model. No surprise, trading has dropped off the cliff – see Slide 2 Amazingly, Egyptair is the #1 delivery customer YTD Slide 8 shows the MoM remains alive, but only just. For Airbus, this remains a…