Airbus announced late last week that it will be late with some deliveries of aircraft in 2024, joining Boeing, where the FAA has prevented the company from increasing production rates as it investigates recurring quality issues. With record demand for…
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Allegiant once reported a fourth-quarter loss of $2 million after reporting a profit in the same period a year earlier. On a per-share basis, Allegiant reported a loss of 13 cents. Earnings, adjusted for non-recurring costs, were 11 cents per…
The company’s report starts with this quote. “Speaking on behalf of everyone at Spirit, the quality and safety of the products we produce is paramount above all,” said Pat Shanahan, President and Chief Executive Officer of Spirit AeroSystems. “Over the…
January 2024 is an “iffy” transaction period compared to the same month since 2017. Here’s the updated model. Subscribers can access the 14-page version. Notes: Probably the most interesting data point is COMAC which made 8 deliveries in January. All…
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