Tier-1 supplier Spirit AeroSystems is to initiate a cost reduction program to reduce structural costs and improve profitability and cash flow in 2023. It says it needs to as production rates of the Boeing 737/MAX remain around 31 per month, Spirit said in its Q3...
Qantas CEO Alan Joyce isn’t the first to have used these words in the context of airline operations and profitability, but the financial year 2022 which closed on June 30 has been “extremely challenging” for the Australian airline group. Qantas reported its third...
JetBlue has launched a new program to reduce costs by $250 million in 2024 by introducing operational and planning efficiencies. The plan follows a review of its long-term cost structure, which has been tweaked before in recent years. High costs were JetBlue’s...
Alaska Airlines is more and more reverting to the holy grail of low-cost carriers by accelerating its transition to a single fleet until late 2023. Out will go the ten remaining and leased Airbus A321neo’s in the mainline fleet and the 32 De Havilland Canada Dash...
First, there were the targets from the 2020 recapitalization plan, followed by an enhanced operating model late last year to give it more flexibility. Now, Scandinavian airline SAS has announced a full transformation of its business to secure its long-term position....
AirInsight is the boutique aerospace media and analysis team and part of AirInsight Group LLC.
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