Air Lease Corporation reported its 3rd quarter 2023 results this morning. The results were positive, with Q3 revenues increasing year-over-year by 17.5% to $659.4 million. Net Q3 profit of $1.10 per share is up 22.2% over the same period in…
Russia’s United Aircraft Corporation (UAC) completed the first flight of the Ilyushin IL-96-400, an updated and stretched version of the wide-body IL-96-300M. This wide-body aircraft is 30.7 feet longer than the prior version and can accommodate up to 370 passengers.…
After a steady stream of unsettling news throughout the year, we get to the 3Q23 results for Spirit AeroSystems. The loss per share is $1.42, which was expected, reflecting a “revised consensus.” after Spirit issued preliminary results last month. The…
Raytheon Technologies, known now as RTX, will gamble a portion of its future on stock buybacks that will increase the stock price (and thereby compensation for senior executives with stock options.) Stock buybacks are good when funded from earnings and…
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