Allegiant once reported a fourth-quarter loss of $2 million after reporting a profit in the same period a year earlier. On a per-share basis, Allegiant reported a loss of 13 cents. Earnings, adjusted for non-recurring costs, were 11 cents per…
Air India and Vistara to merge
The Airbus A321XLR is expected to enter service in the second quarter of 2024. This is slightly later than what the airframer said in May, when it announced a delay of the program to “early 2024”. Airbus mentioned the latest…
JetBlue expects to recover the capacity for the final quarter quicker than anticipated in August and outpace 2019 levels again. Capacity should be up by one to four percent over 2019 and end between zero and two percent for the…
GE Aviation and Safran expect the LEAP turbofan engine to reach breakeven margins in 2025. There will be a three-percent margin impact this year and in 2023 as the production transits from the CFM56 to the LEAP, but the numbers…
UPDATE – Although forward bookings are strong and the outlook is positive, United Airlines seems to have slightly reduced its expectations for 2022. In its FY21 results press release, the carrier says that Omicron hasn’t changed its confidence in its…