Aercap is the largest aircraft lessor, giving it a role as industry bellwether. “AerCap continued its strong performance during the first quarter. Our business is performing very well, and the demand for our aviation assets remains robust,” said Aengus Kelly,…
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Airbus announced lower-than-expected operating profits and cash flow. The OEM had previously announced hiring more staff to prepare for rising aircraft demand, reaffirming its 2024 financial targets. Airbus also announced a higher target rate for the A350 program, from 10…
The summary per the airline states: Net loss of $231 million, or $0.39 loss per diluted share Net loss, excluding special items, of $218 million, or $0.36 loss per diluted share Record first quarter operating revenues of $6.3 billion Liquidity of $11.5 billion, well in excess of debt…
The latest Boeing news centers on the first quarter earnings call, with another whistleblower emerging and crash victims pressuring for criminal action. The earnings call had the company reporting lower sales, a net loss, and burning cash during the quarter. …