MTU Aero Engines reported a strong 1st quarter, with adjusted revenues up 8% year over year to €1.54 billion, with Adjusted EBIT of €218 million, compared with €212 million in the prior year. “MTU managed to match the record…
Australian low-fare carrier Bonza appears to be headed for bankruptcy, suspending all operations as its fleet of 737 MAX 8 aircraft has been repossessed by AIP capital. The company stated today that discussions were underway “regarding the on-going viability of…
Air Lingus may defer the delivery of the first A321XLR from Airbus and potentially lose launch customer status. A labor dispute with pilots threatened a deadline that the carrier faced in confirming the delivery with Airbus. Aer Lingus needed to…
Today’s key stories about Boeing examine how Boeing got into problems and whether it is likely to get out of difficulties on a timely basis. Boeing’s cash burn is leading the company to sell $10B in bonds, just as it…
SkyWest surpassed expectation in 1Q 2024. The carrier reported strong first quarter revenues and earnings as the US major airlines, including their regional affiliates, produced strong results. SkyWest operates regional flights for Delta, United, American, and Alaska Airlines, and carried…
Southeast Asia’s aviation landscape is experiencing exciting yet gradual growth, with several airports witnessing impressive growth in international seat capacity. This analysis delves into the top 10 fastest-growing airports in the region based on March 2024 data, focusing specifically on…