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Ernest Arvai

Ernest Arvai

President AirInsight Group LLC

Ryanair Blames Boeing for Fare Increases

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Ryanair’s CEO Michael O’Leary is blaming the lack of available aircraft for higher fares this summer, as airlines struggle to meet peak season demand. The carrier initially forecast more than 205 million passenger from now until the end of March,…

Rolls-Royce Outperforms Expectations in 2023

Cathay Pacific first A350 900 details 4 scaled

Rolls-Royce PLC reported its 2023 results that outperformed expectations.  Revenues grew 21% year over year to £15.4 billion with adjusted operating profit of £1.6 billion.  Each of the three divisions were above expectations as the company continues its recovery from…

GAMA 2023 Shipments and Billings Report

GAMA

The GAMA 2023 Shipments and Billings report was released earlier today, summarizing the results for the general aviation industry for the 4th quarter and full year 2023. Business aviation continued its slow improvement during the fourth quarter, with single engine…