Delhi-based low-cost airline IndiGo has reported its highest-ever quarterly earnings of Rs 171.609 billion and its highest-ever quarterly net profit of Rs 30.906 billion during the first quarter of the fiscal year 2023-24. Incidentally, the airline reported a net loss…
The month ends tomorrow, and barring miraculous numbers, the trend is in – OEM deliveries slowed a lot in July. Industry-wide new aircraft deliveries through the 30th currently hover at 100 compared to last month’s 142. Did summer vacations come…
UPDATE – Boeing’s announcement that the first deliveries of the MAX 7 will only start in 2024 must have come too late for Southwest Airlines to include in its HY1 earnings release. The carrier still includes 31 deliveries of the…
First deliveries of the Boeing MAX 7 will slip to 2024, the airframer said in an SEC filing released on Wednesday after the presentation of its HY1 results. The airframer and its customers, notably Southwest Airlines, had hoped that the smallest…
UPDATE – Boeing has slipped back into a Q2 loss again this past quarter, producing red numbers for both its Commercial Airplanes and Defense, Space & Security business units. The consolidated Q2 net loss was $-149 million, down from a…
Along with so many other aviation-related companies., GE is also reporting its earnings. Bank of America had a good summary: “good enough to keep the rally going.” GE’s numbers were strong – aerospace revenues were up 28%, and orders were…