Australian low-fare carrier Bonza appears to be headed for bankruptcy, suspending all operations as its fleet of 737 MAX 8 aircraft has been repossessed by AIP capital. The company stated today that discussions were underway “regarding the on-going viability of…
The summary per the airline states: Net loss of $231 million, or $0.39 loss per diluted share Net loss, excluding special items, of $218 million, or $0.36 loss per diluted share Record first quarter operating revenues of $6.3 billion Liquidity of $11.5 billion, well in excess of debt…
Officials inked a cooperation agreement to enhance air connectivity between Argentina and Chile. The signing occurred during a high-level meeting at the San Martín Palace in Buenos Aires, attended by key transportation authorities from both nations. Argentine Transport Secretary Franco…
Boeing often appears as a candidate when asked about the worst-managed companies in the world, given its inability to get out of its way in recent years. When airlines are discussed, Southwest Airlines, once touted under Herb Kelleher as the…
The US DoT updated its T-1 dataset through January 2024, so we updated our model and decided this might be a neat item to share. There are six pages to go through. Remember to click the double-headed arrow at the…
The competition between CFM and Pratt & Whitney is furious. They compete on every order. Their respective engines, the LEAP and GTF, are at the cutting edge of aero engine technology. We have been tracking this competition for several years…