Lufthansa CEO Carsten Spohr thinks that the integration of ITA Airways into Lufthansa Group will be no more difficult than integrating Austrian Airlines, SWISS, and Brussels Airlines has been. Actually, it could be even easier as ITA has already been…
Embraer says it is running sales campaigns for some 200 commercial aircraft and is optimistic that it will conclude agreements for most of them. The Brazilian airframer has active negotiations with potential customers around the world, President and CEO Francisco…
UPDATE April 26 – Engine makers Pratt & Whitney and GE Aerospace are seeing progress made within the supply chain, with parts production and inventory improving in the first quarter. But overall, the supply chain remains challenging from the performance and…
SAS Scandinavian Airlines is more optimistic about its long-term financial position and has revised upward guidance on key financial targets. This follows on a more detailed review since the airline shared preliminary figures in late February. SAS more bullish about…
Icelandair is pleased with the change of fortunes it experienced in 2022, which contributed to a drastic reduction in losses. The airline is bullish about 2023 as it sees a very strong recovery of capacity to Iceland this summer and…
Thursday saw two more FY22 earnings releases from US airlines: JetBlue and Alaska Airlines. JetBlue reported a full-year net loss of $-362 million, while Alaska’s profit was a small $58 million. What’s behind these numbers? JetBlue and Alaska Airlines positive about…