Airbus produced some disappointing Q1 results, with a net profit that was 62 percent down on 2022 at €466 million. The airframer blames the lower profit on lower aircraft deliveries, a less favorable currency hedge rate compared, and investments for preparing…
Here is our updated model with April 2023 transactions. Subscribers have access to the detailed 13-page model. Notes: Southwest Airlines undertook 36 transactions YTD. That translates into one every 3.3 days, which may be a record. Has any operator taken…
Only weeks after announcing an order for twelve Airbus A320neos and A321neos, Azerbaijan Airlines (AZAL) has also made a final decision on its widebody fleet renewal. The airline confirmed its Memorandum of Understanding for the Boeing 787-8 signed at last year’s…
Air Algérie selects Boeing MAX 9 and Airbus A330-900 and A350-1000.
Spirit Airlines reduced its Q1 loss to $-103.9 million from $-194.7 million amidst various operating challenges. These included weather and aircraft shortages exacerbated by staffing shortages at air traffic control in Florida and Las Vegas. Spirit Airlines reduces Q1 loss…
US airlines have a great record of improving fuel burn