Hong Kong’s flag carrier Cathay Pacific reported lower profit in the first half of 2024, despite higher revenues. The company also indicated that it is investing over HK$100 billion to strengthen its hub in Hong Kong. First half attributable profit…
LATAM Airlines Group reported net income of US$146 million during the second quarter of 2024. The carrier group increased passenger operations by 16.2%, increasing operational revenues to more than US$3 billion, an increase of 13.2% year over year. Adjusted operating…
Today’s key stories focus on the NTSB hearings and likely increased FAA scrutiny of Boeing, and the continuing saga of the ill-fated Starliner capsule. The NTSB hearings have released thousands of pages of investigative evidence, much of its damning…
Airbus has achieved success with the A330neo in 2024, as it has suddenly become a “hot airplane” in demand for its versatility and commonality within the Airbus product line. While the flagship A350 wide-body is leading Airbus wide-body backlog, the…
Today’s key stories focus on the NTSB hearings in Washington DC regarding the door plug decompression incident on the 737 MAX 9, and multiple stories on the Starliner, which now has the potential to be a colossal failure for Boeing. …
After reporting an 11th consecutive quarterly loss last week, Spirit Airlines survival has come under question . The carrier is changing its strategy, creating three additional classes, including a premium class with first class seating, in addition to its…