Airbus reported its 3rd Quarter 2024 financial results earlier today. Results for the company were positive in commercial aircraft and helicopters, but down for defence and space. Overall, the quarter was positive, and management confirmed full year guidance for 2024…
SkyWest surpassed expectation in 1Q 2024. The carrier reported strong first quarter revenues and earnings as the US major airlines, including their regional affiliates, produced strong results. SkyWest operates regional flights for Delta, United, American, and Alaska Airlines, and carried…
Textron reported its earnings today. First-quarter sales of $3.13 billion fell short of Wall Street expectations of $3.28 billion, and adjusted profit per share of $1.20 fell short of an expected $1.23 per share. Profit for the quarter was $201…
Rolls-Royce PLC reported its 2023 results that outperformed expectations. Revenues grew 21% year over year to £15.4 billion with adjusted operating profit of £1.6 billion. Each of the three divisions were above expectations as the company continues its recovery from…
UPDATE – Despite warning shots from some US airlines about lower results in Q3, Delta Air Lines seems to have been largely immune to any slump in air travel. The carrier reported another strong quarter, with revenues up in line…
Happy faces not just in Norway today, but also in Canada, where Air Canada reported “an impressive first quarter”, to quote CEO Michael Rousseau. The airline produced a tiny net profit but succeeded in turning around a big loss last year,…