United: Q1-loss -1.7 billion, Capex -2.5 billion
The last of the Big Three in the US – United – reported its Q1 2020 results just a little after American on April 30. United ended the first quarter with a $-1.7 billion net loss, down from a 292…
Year 2020
American: 2.2 billion Q1 loss – fleet reduced by 100
American Airlines reported a $-2.2 billion Q1 net loss on April 30, four times the size of its main competitor Delta ($-422 million). This includes special items, otherwise, the result would have been $-1.1 billion. Still, it is another indication…
PM First – a novel economy seat turned into a bed
Air travel is most unlikely to be the same when we all able to get back into the air. AirInsight estimates business travel to be off at least 10%. In addition, T&E expenses are going to be reviewed downwards. Even…
Insight: Thursday 30 April 2020: “The future ain’t what it used to be” – how we return from SARS CV-2
News The SARS-CV-2 virus has created the nightmare scenario for airline traffic around the world, with international restrictions and a population that is too fearful to fly. Traffic levels in affected areas are down 95% year to year, and the…
Morning Call: Thursday 30 April 2020
Commercial Airbus had around 60 aircraft left undelivered during Q1 – FlightGlobal Boeing cuts jobs – NYT The clever folks at GE – GE Airbus CEO: Airlines Will Take as Many as 5 Years to Recover – SKIFT Business Business…
Industry Briefing: Aircraft Valuations: The Great Reset of 2020
Tuesday, May 5, 2020, from 12:00 PM – 1:00 PM EDT Presenter: Gueric Dechavanne, Head of Commercial Valuation Services, Collateral Verifications Title: How Declining Aircraft Values Will Impact the Whole Ecosystem Please use this link to request your Registration Views:…