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Tag Aerospace
May 2024 transactions
Here is our updated model for transactions through April 2024. Subscribers have access to the larger report. Notes: Oddly, Embraer delivers their C-390 faster than Airbus delivers the A400. Delta, IndiGo, Southwest, and United are the top four airlines trading.…
Eviation Completes Alice Conceptual Design Review
Eviation Aircraft announced that it completed its Alice aircraft’s Conceptual Design Review (CoDR). The review is a significant milestone, assuring a configuration that is both certifiable and enables streamlined manufacturing. It maintains Alice’s signature look while optimizing performance and enhancing…
GE Aerospace raises 2024 profit forecast
GE Aerospace raised its full year profit forecasts today, despite lowering production expectations for its popular LEAP engine as Boeing’s difficulties will dampen deliveries in 2024. The company now expects a full year 2024 operating profit between $6.2 and $6.6 billion,…
JetBlue posts $716 million net loss in 1Q 2024
JetBlue reported a new loss of $716 million in the first quarter of 2024, compared to a loss of $192 million in 2023. Passenger revenues were down 5.8% at $2.05 billion compared with $2.18 billion in 2023. Operating revenues decreased…
Harbour Air signs LOI for 50 magni650
magniX and Vancouver-based Harbour Air ratified a Letter of Intent (LOI) for 50 magni650 motors for Harbour Air’s fleet. The re-engining process will begin with De Havilland DHC-2 Beavers in 2026 and be used for third-party conversions. We have been…