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Norwegian and ALC both benefit from MAX 8 lease contract
UPDATE – Norwegian has signed a Letter of Intent with Air Lease Corporation (ALC) to lease an additional six Boeing MAX 8s ahead of this summer season. The airline confirms to AirInsight that the aircraft are the six MAX 8s that…
Ryanair expects to benefit from Asian and transatlantic traffic
The return of Asian traffic to Europe and a particularly strong transatlantic market will likely see robust demand for Ryanair from Easter in its Q1 FY24 through the summer period. With other airlines still at lower capacity compared to pre-pandemic…
Higher flying hours benefit cash position Rolls-Royce
Large engine flying hours of Rolls-Royce turbo engines have further increased to 65 percent of 2019 levels in the third quarter, up from sixty percent by the end of June. They are now on average at 62 percent for the year…
Singapore and Cathay slowly benefit from relaxation
Relaxed Covid restrictions have improved the results of two of Asia’s key airlines in May. Both Singapore Airlines and Cathay Pacific have reported higher passenger numbers and capacity for the past month, which confirms that Southeast Asia is slowly opening…
Higher MAX volumes benefit Spirit AeroSystems in Q1
Higher production volumes on the Boeing MAX program are the main driver behind better first-quarter results of Spirit AeroSystems. The Tier 1 supplier to Boeing, Airbus, and Bombardier reported thirty percent higher revenues and a 69 percent lower net loss…