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Mitsubishi admits it underestimated the MRJ/SpaceJet program
Mitsubishi Heavy Industries (MHI) confirmed on Tuesday that it will discontinue the SpaceJet program, a day after stating that media reports were...
Spirit Airlines sees red after legal and advisory fees
Spirit Airlines announced a $-270.7 million reported net loss for Q4 2022, which after excluding special items turns into a small $12.6 million...
IATA: passenger traffic up and cargo demand down in 2022
Global passenger traffic has recovered in 2022 to 68.5 percent of pre-pandemic levels, up from 41.7 percent in 2021. Domestic travel is back to 79.6...
MRJ/SpaceJet appears officially done
News from Japan a few minutes ago says Mitsubishi Heavy Industries is shutting down the development of the SpaceJet. The decision is expected to be...
Volaris fears forceful relocation to Mexico City’s new airport
The Mexican ultra-low-cost carrier Volaris fears the Mexican government could force relocation to Mexico City’s new Felipe Ángeles International...
Norwegian and ALC both benefit from MAX 8 lease contract
UPDATE - Norwegian has signed a Letter of Intent with Air Lease Corporation (ALC) to lease an additional six Boeing MAX 8s ahead of this summer...
Icelandair bullish about summer as it trims losses
Icelandair is pleased with the change of fortunes it experienced in 2022, which contributed to a drastic reduction in losses. The airline is bullish...
IndiGo reports record revenues in Q3 FY23
Delhi-based low-cost airline IndiGo has reported a net profit of Rs 14.2 billion for the quarter that ended December 31, 2022, as compared to a net...
January New Aircraft Deliveries
The market recovery continues apace.
ESG update
We have an ESG model update based on the DoT’s T-2 update
ANA and JAL improve profits but don’t share the same optimism
Japan’s two big airlines All Nippon Airways (ANA) and Japan Airlines (JAL) both reported much-improved nine-month FY22 results. But where ANA is...
Airbus and Qatar Airways settle their legal disputes
Qatar Airways and Airbus reach amicable settlement in legal dispute
Aeromexico Announces New Route To The US Despite Category 2
The Mexican carrier Aeromexico announced its latest route on Tuesday. It will launch a daily service between the Felipe Ángeles International (NLU)...
Korean Air grows net profit as passenger traffic recovers
Korean Air doubled its net profit in 2022 thanks to the recovery of passenger traffic in Southeast Asia, Oceania, and Japan. However, cargo...
Boeing bids farewell to the last 747
Witnessed by thousands of former and current staff, workers, customers, and VIPs, Boeing said farewell on Tuesday to its icon of commercial...
Norway’s Flyr files for bankruptcy
Norwegian low-cost airline Flyr will file for bankruptcy on Wednesday, it said tonight on its website. The carrier has been unsuccessful in raising...
Thoughts on the Everett MAX line
Thoughts on the Everett MAX line
Boeing to open fourth MAX line – in Everett
Boeing will open a fourth assembly line for the 737/MAX in Puget Sound, but the first in Everett. The line will be located in a building previously...
China Southern losses deepen over “multiple shocks”
China Southern Airlines' net loss for FY22 has significantly deepened compared to the previous year. The carrier said on January 30 that based on...
Ryanair expects to benefit from Asian and transatlantic traffic
The return of Asian traffic to Europe and a particularly strong transatlantic market will likely see robust demand for Ryanair from Easter in its Q1...
