AerCap is raising its earnings per share for 2022 on the back of a strong third quarter and the year to date as the outlook for the fourth quarter looks strong. The world’s biggest lessor continues to see robust demand…
American Airlines joins the other US Big Two by reporting record-high revenues in Q3, outpacing 2019 levels by thirteen percent despite a 9.6 percent lower capacity. It is even the highest quarterly revenue in the history of the airline. American…
The airline and aerospace industry are looking with great anticipation at Montreal in the next two weeks, where the International Civil Aviation Organization (ICAO) holds its 41st Assembly from September 27 until October 7. On top of the agenda of…
Boeing has settled with the US Securities and Exchange Commission (SEC) to pay a $200 million fee for misleading public statements after the two fatal accidents of the MAX in October 2018 and March 2019. Former Boeing President and CEO…
Saudi Arabia is becoming an ever-more important market for Wizz Air. The ultra-low-cost airline announced the launch of twenty new routes between Europe and Saudi Arabia from December to July next year on August 25. Wizz Air gets serious about…
The world’s biggest lessor, AerCap, is concerned about the reliability of the latest generation of engines. Powerplants need to be removed from the wing for maintenance, repair, and overhaul much sooner than expected. In the current environment of supply chain…