Here’s the updated model. Notes: Airbus delivered 71 aircraft to 42 customers and added 119 gross orders to the backlog. YTD Airbus has 1,389 orders and 559 deliveries. This projects 670 deliveries for the year. Of the past six years,…
Mitsubishi Heavy Industries (MHI) has taken a one-off charge related to the powder metal contamination issue of the Pratt & Whitney PW1100G-JM Geared Turbofan. The Japanese industrial giant included the charge in its HY1 results but hasn’t specified the value. MHI…
Aura Aero announced they have struck a deal with Republic Airways that sees the airline sign an MOU covering the development of the ERA and become a strategic advisor. The ERA Auro Aero is a 19-seater with eight motors. The…
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…
UPDATE – Embraer reported its first Q3 net profit to shareholders since 2017, ending the 2023 third quarter with a $61 million result. Excluding special items, the net profit was $32.9 million. All business units produced positive results, although revenues…
Despite a number of headwinds, Ryanair is expecting this financial year 2024 to end with a profit after tax of between €1.85 and €2.05 billion, up from €1.43 billion reported over FY23. While forward bookings look good and fares are up…