We have updated data on fuel burn and offer this periodic model refresh. Subscribers can access and work with the model. Fuel burn accounts for nearly half of airline operating costs and remains a focus for our analyses . It…
Canada’s largest airline announced its first-quarter earnings. The key data points are: Total operating revenues of $5.2 billion increased 7% year over year Operating income of $11 million and adjusted EBITDA of $453 million Double-digit on-time arrivals improvement from the…
In the first quarter of 2024, Avianca Airlines experienced remarkable growth, transporting 9.3 million passengers—a 37.5% increase compared to the same period in 2023. Despite the rise in passenger numbers, the airline saw a 4.5% decrease in the average fare…
Aercap is the largest aircraft lessor, giving it a role as industry bellwether. “AerCap continued its strong performance during the first quarter. Our business is performing very well, and the demand for our aviation assets remains robust,” said Aengus Kelly,…
Airbus announced lower-than-expected operating profits and cash flow. The OEM had previously announced hiring more staff to prepare for rising aircraft demand, reaffirming its 2024 financial targets. Airbus also announced a higher target rate for the A350 program, from 10…
The summary per the airline states: Net loss of $231 million, or $0.39 loss per diluted share Net loss, excluding special items, of $218 million, or $0.36 loss per diluted share Record first quarter operating revenues of $6.3 billion Liquidity of $11.5 billion, well in excess of debt…