Hydrogen start-up ZeroAvia has attracted fresh capital from ten aerospace companies and investors. They include Airbus, Barclays Sustainable Impact Capital, and NEOM as the lead investors. ZeroAvia hasn’t disclosed the size of the capital injection, but this sees them...
With just two weeks to go until the third quarter is over, various US airlines have fired warning shots over their financial results for Q3. Many cite rising labor expenses and oil prices and changing booking patterns as reasons for expected lower operating profits....
Strong leisure traffic helped Alaska Airlines to produce a solid Q2 net profit of $240 million, up 74 percent over the same period last year. High fares contributed to the result, but the airline is expecting them to drop in the current third quarter and coming...
It seems that we are always on the cusp of the time for turboprops. The technology is mature and well-understood. Yet we don’t see the level of demand for these aircraft one might expect. After all, they are more fuel efficient than jets and can easily operate...
Higher revenues but even higher operating expenses hurt Alaska Airlines in the first quarter of 2023. The airline reported a Q1 net loss almost on par with that of 2022, but then revenues and costs were lower. Salary costs and fuel are the main reasons why expenses...
AirInsight is the boutique aerospace media and analysis team and part of AirInsight Group LLC.
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