The prospects of Go First, the grounded Indian carrier, got brighter with two of the three potential bidders confirming their bids. Ajay Singh, the promoter of LCC, SpiceJet, and Busy Bee Airways Private Limited (BBAPL) have jointly submitted a bid…
Air Lease reported 4Q23 EPS of $1.89, +68% above the consensus of $1.12. “Fourth quarter and full-year performance at ALC was very strong. With the exception of the benefit of tax reform in 2017, we achieved record revenues and profits…
Surf Air Mobility, Inc. has secured early delivery positions for 90 Electra eSTOL aircraft for its airlines, including Southern Airways Express and Mokulele Airlines. Surf Air plans to utilize its airline and charter platforms to support the launch, growth, and…
Airbus guides to “around 800” commercial deliveries for 2024, up from 735 aircraft in 2023. While supply chain constraints impose limitations, the airframer thinks it has found a “sweet spot” between what suppliers can handle and what Airbus requires. FY24…
The FAA issued a proposed Airworthiness Directive for the beleaguered 737 MAX program today, not the type of Valentine’s day message Boeing or their customers like to receive. The problem identified was prompted by a Boeing review of the standby…
Commercial aviation essentially has two monopolies—Embraer for regional jets and ATR for turboprops. ATR reported their 2023 numbers, and, no surprise, they look good. ATR targets book-to-bill >1 in 2024 Sales and deliveries surge by 53% and 44%, respectively, vs…