Air Lease reported 4Q23 EPS of $1.89, +68% above the consensus of $1.12. “Fourth quarter and full-year performance at ALC was very strong. With the exception of the benefit of tax reform in 2017, we achieved record revenues and profits…
Airbus guides to “around 800” commercial deliveries for 2024, up from 735 aircraft in 2023. While supply chain constraints impose limitations, the airframer thinks it has found a “sweet spot” between what suppliers can handle and what Airbus requires. FY24…
United currently operates a fleet of five A321neo aircraft, all of which were grounded yesterday because of a regulatory compliance issue. The non-smoking signs in the A321neo remain on permanently, as they do on several other aircraft in United’s fleet.…
Yesterday, we looked at Frontier’s results . Frontier chased Spirit and lost out to JetBlue. As we were told, no matter how that turned out, Frontier would make money on the deal because if JetBlue won, they would pay it…
China Southern Airlines and Lufthansa Technik signed an exclusive eight-year contract regarding the technical support for the auxiliary power units (APUs) of the Chinese carrier’s A350 fleet (20 aircraft). According to the long-term agreement, Lufthansa Technik will provide maintenance, repair,…
Airbus selected Dynamatic Technologies, an Indian company based in Bengaluru, to manufacture and assemble its Airbus 220 family aircraft doors. Dynamatic Technologies will manufacture and assemble the cargo, passenger, and service doors along with the over-wing emergency exit doors for…