ALC expects booming market for widebody aircraft
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Richard Schuurman
Active as a journalist since 1987, with a background in newspapers, magazines, and a regional news station, Richard has been covering commercial aviation on a freelance basis since late 2016.
Richard is contributing to AirInsight since December 2018. He also writes for Airliner World, Aviation News, Piloot & Vliegtuig, and Luchtvaartnieuws Magazine. Twitter: @rschuur_aero.
ATR improves operating result year-on-year
The profitability of turboprop maker ATR continues to improve year-on-year. Although it still ended with an operating loss of €-4.0 million in the first nine months, this is significantly better than €-25 million in the same period of 2021. The results…
Operating profit Singapore Airlines reaches new high
Singapore Airlines reported record-high operating profits for its second quarter and HY1, in line with the results at many other airlines in the last few weeks. SIA’s recovery accelerated further in the second quarter (June-September) on the back of a…
Turkish Airlines Q3 results exceed those of 2019
Turkish Airlines reported a strong third quarter, in which capacity, the operating result, and net profit exceeded those of 2019. The airline produced these results despite “increasing geopolitical tensions and global inflationist pressure while facing unprecedented operational problems,” it said on…
Spirit AeroSystems to reduce costs as MAX rates remain low
Tier-1 supplier Spirit AeroSystems is to initiate a cost reduction program to reduce structural costs and improve profitability and cash flow in 2023. It says it needs to as production rates of the Boeing 737/MAX remain around 31 per month, Spirit…
AerCap bullish about demand as aircraft delivery delays continue
AerCap is raising its earnings per share for 2022 on the back of a strong third quarter and the year to date as the outlook for the fourth quarter looks strong. The world’s biggest lessor continues to see robust demand…