Spirit Airlines reported its first quarter financial results today, that showed total operating revenues of $1.265 billion, an adjusted operating loss of ($175.6) million, and a net loss of ($142.6) million. The results were generally in line with expectations, with…
Qantas, Australia’s flag carrier, has admitted that it advertised and sold tickets to customers for flights that had already been cancelled. The scope of the problem was even larger than the Australian Consumer and Competition Commission (“ACCC”) had thought, going…
The Daily Boeing: key stories for 6 May 2024. This week is bringing more speculation regarding Boeing in news stories, from the Isreali-Hamas conflict to revisiting whistleblower allegations and even speculation about Warren Buffett acquiring Boeing. Other stories spoke about…
Lufthansa Group posted a €734 million net loss in First Quarter 2024, but reiterated a positive outlook for the summer 2024 peak travel season. Much of the first quarter loss was attributed to labor disputes that cost the airline more…
European airline group Air France-KLM posted a first quarter 2024 loss, albeit on increased revenues from the prior year. Revenues grew in the quarter to €6.7 billion, which is 5.1% higher year-over-year. The group posted a net loss of (€489)…
Today’s key stories about Boeing focus on the untimely death of a Boeing whistleblower at age 45 from a fast spreading illness. Our condolences to the family and friends of Joshua Dean. This story has dominated the headlines at Boeing…