Troubled Spirit AeroSystems, which is negotiating with Boeing to re-acquire the company, reported a first quarter loss of ($617) million, compared with a loss of ($281) million last year. Net revenues were 19% higher at $1.703 billion, up from 1.431…
Sun Country Airlines reported its 1st quarter 2024 earnings, with revenues up 6% over 2023 to a record $312 million and a quarterly profit of $35.3 million, down $2.9 million year over year. Sun Country Airlines has remained profitable while…
The problems at Boeing continue to mount. The FAA has opened a new probe of the Boeing 787, as Boeing discovered and reported that employees were signing off and falsely claiming that required testing was accomplished. The potential for re-inspection…
The new EU rule on SAF will impact any airline operating from the region. Starting in 2025, fuel uplift at EU airports must contain at least 2% SAF. That percentage will gradually increase each year, with mandates including 6% by…
PR: LOT Polish Airlines will add the Embraer E195-E2 to their fleet to enhance operational flexibility and accommodate network expansion. LOT will lease three new E195-E2 from Azorra, reaffirming their commitment to sustainable growth with the addition of the 25%…
There are a number of challenging airports in the world for which steep approach paths are required. These include a short runway at London City airport in the UK and Lugano airport in Switzerland, which is located in a steep…