It was a tough year for Spirit. JetBlue may not go through, leaving Spirit in an awkward position. Both airlines are trying to get the deal approved. However, analysts believe Spirit will struggle without it. As noted in an earlier…
Bombardier reported strong financial performance for 2023, which met or exceeded company guidance on strong deliveries despite supply chain headwinds. The company delivered 138 business jets in 2023, moving revenues to just over $8 billion for the year, up 16%…
The company’s report starts with this quote. “Speaking on behalf of everyone at Spirit, the quality and safety of the products we produce is paramount above all,” said Pat Shanahan, President and Chief Executive Officer of Spirit AeroSystems. “Over the…
The US DoT updated their on-time dataset. Below is one of our models for your review. Notes: Page 1 – Here you can see how each of major US airlines performed for the year through November in terms of arrival…
The Asia Pacific region’s aviation industry witnessed phenomenal growth in 2023, the Association of Asia Pacific Airlines (AAPA) reported. International passenger demand skyrocketed by an unprecedented 161%, reaching 278.5 million passengers, reflecting a robust appetite for travel post-pandemic. Similarly, the…
Embraer deliveries rose 13% in 2023 and its backlog reached $18.7Bn, a $1.2Bn growth. The OEM delivered 75 aircraft in 4Q23; 49 executive jets (30 light and 19 medium), 25 commercial jets and 1 military C-390 jet. For the year…