Random Thoughts on US President’s Day It is a quasi-holiday in the US, with government and financial markets closed, but many businesses open. With not much news generated on a holiday, here are several random thoughts in brief.
The prospects of Go First, the grounded Indian carrier, got brighter with two of the three potential bidders confirming their bids. Ajay Singh, the promoter of LCC, SpiceJet, and Busy Bee Airways Private Limited (BBAPL) have jointly submitted a bid…
Air Lease reported 4Q23 EPS of $1.89, +68% above the consensus of $1.12. “Fourth quarter and full-year performance at ALC was very strong. With the exception of the benefit of tax reform in 2017, we achieved record revenues and profits…
The FAA issued a proposed Airworthiness Directive for the beleaguered 737 MAX program today, not the type of Valentine’s day message Boeing or their customers like to receive. The problem identified was prompted by a Boeing review of the standby…
United currently operates a fleet of five A321neo aircraft, all of which were grounded yesterday because of a regulatory compliance issue. The non-smoking signs in the A321neo remain on permanently, as they do on several other aircraft in United’s fleet.…
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