Southwest Airlines reported a Q1 net income of $227 million on record operating revenues of $7.2 billion, which were up 12.8% year over year. Bob Jordan, Southwest’s President and CEO, stated, “First quarter 2026 marked a turning point for Southwest,…
United Airlines reported a Q1 adjusted diluted earnings per share of $1.19, within the initial guidance range of $1,00 to $1.50. Total operating revenue was up 10.6% year-over-year, and TRASM was up 6.9% from Q1 in 2025. Amidst the fuel…
Alaska Airlines reported it’s first quarter earnings, with a loss of $193 million, or ($1.68) per share, amid localized disruptions and sharply higher fuel prices. The carrier was impacted by civil unrest in Puerto Vallarta just ahead of the spring…
Aura Aero, which is developing a new hybrid electric regional aircraft, has completed another financing round for €50 million. That brings the total funding to date to €340 million. Proceeds from the series B capital injection will support the first…
The annual EBACE convention in Geneva has been cancelled this year due to a lack of interest by OEMs and potential business jet purchasers since the event eliminated the static display of airplanes. Or, as a colleague put it, why…
Airbus released its monthly Orders & Deliveries report for March 2026. The company delivered 60 aircraft to 38 customers during the month and its backlog increased by 261 aircraft. Orders totaled 331 aircraft during the month, and with 60 deliveries…