One carrier’s loss can be another’s gain. With the JetBlue-Spirit merger denied, both carriers are modifying their fleet plans, deferring deliveries on A320neos. That frees up additional delivery slots in the near term, which United Air Lines is poised to…
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,…
Qantas reported its first half FY 2024 results, with pre-tax profits down 13.2% year on year at A$ 1.2 billion. Total revenues increased to A$ 11.1 Billion, 12.3% higher than the prior year. Earnings per share were 4% lower at…
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…
The Singapore Air Show is ongoing this week, and the second and third days have brought us some additional aircraft transactions. STARLUX ordered five A350F freighters and three A330neo aircraft. The Taiwanese carrier operates an all-Airbus passenger fleet that includes…
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…