WestJet’s 787-9s could disrupt Air Canada
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Fuel burn among North American 737 MAX operators
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The Boeing strike vote; the United Airlines example
Today, IAM union members will vote on a revised deal Boeing offered after trading with IAM’s leadership. The agreement includes a four-year pay increase of 38%, plus a $12,000 signing bonus, tweaks to the 401K plan, and sick time call-outs.…
Air Canada Reports mixed 1Q24 Results
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…
Airlines Present at JP Morgan Industrials Conference
This week, JP Morgan hosted its Industrials Conference, with several airlines presenting their thoughts and outlook on 2024 and beyond. This article summarizes some of the key findings from that conference. The Network Carriers Delta, United, American, and Southwest participated…
Air Canada Reports Record Full Year Operating Revenues
Air Canada released its 4th quarter and full year 2023 financial results. The airline had very strong results, achieving record full year operating revenues of $21.833 billion, full year operating income of $2.279 billion, 2023 adjusted EBITDA of $3.982 billion,…