UPDATE – In the worst scenario, the eleven-day strike at Spirit AeroSystems in June and July could impact 737 P-8A and MAX fuselage deliveries to Boeing by between twenty and fifty shipsets this year. Spirit has revised its guidance for…
Delhi-based low-cost airline IndiGo has reported its highest-ever quarterly earnings of Rs 171.609 billion and its highest-ever quarterly net profit of Rs 30.906 billion during the first quarter of the fiscal year 2023-24. Incidentally, the airline reported a net loss…
Indonesia flag carrier Garuda Indonesia has slipped back into red numbers for the first six months of 2023. The carrier posted a $-109.6 million pre-tax operating loss compared to a $4.0 million profit last year. The net loss is $-76.4 million…
Alaska Airlines mentioned it last week, JetBlue did it on Tuesday, and so has Frontier Airlines later on the day: US airlines are feeling stiff competition from the strong demand for international air travel. The US low-cost says that international…
Japan’s newest airline AirJapan has finally announced a date for the launch of its first services. The subsidiary of All Nippon Airways (ANA) will commence operations on February 9, 2024, with flights from Tokyo Narita to Bangkok, the airline said on…
Here’s our updated model for transactions through July 2023. Subscribers can access the 13-page version. Notes: July 2023 transaction volume was almost identical over the past three years. (219, 218, 215, respectively) Monthly 2023 transactions have been declining steadily since…