UPDATE – United Airlines is finding itself at the center of the storm and criticism this week when bad weather on the East Coast and staffing issues at air traffic control led to massive flight disruptions and cancelations. The crisis, which…
Increased flight cancelations and fewer bookings for January and February will have a negative revenue impact of between $300 and $350 million in Q1 2023 for Southwest Airlines. This is the after-effect of the Christmas period when the US airline…
In a year plagued by supply chain disruptions, Airbus delivered 661 aircraft, some sixty short of the original target. The European airframer won 820 net orders but had to endure 258 cancelations too, some of them anticipated. For 2023, Airbus is…
Southwest Airlines says its Q4 result will slip to a $-725 to $-825 million pre-tax loss, the result of the meltdown of the carrier’s operations between December 21 and December 31. “A significant portion of this impact is from an estimated…
The US air travel recovery continues to build momentum. In January the US averaged 761,233 daily passengers, February saw 873,084, March saw 1.22 million, April saw 1.4 million, May saw 1.6 million, June saw 1.9 million, July saw 2 million. …
Several carriers are seeking financing for their Boeing 737 MAX orders, but in the midst of the current global pandemic are finding that lenders with terms that were available pre-crisis are virtually impossible to find. That, of course, changes the…