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Air India and Vistara to merge. Transaction expected to be completed by March 2024

Air India and Vistara to merge. Transaction expected to be completed by March 2024

by Ashwini Phadnis | Nov 29, 2022 | Airlines | 0 comments

Air India and Vistara, the two full-service airlines owned by Tata Sons, are to merge. The merger will see Singapore Airlines (SIA), which has a 49 percent stake in Vistara, invest $ 250 million for a 25.1 percent stake in Air India. The remaining stake in Vistara is...
Entry into service Airbus A321XLR now expected Q2 2024

Entry into service Airbus A321XLR now expected Q2 2024

by Richard Schuurman | Oct 28, 2022 | Airbus | 0 comments

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 date in its Q3 results, which were solid...
JetBlue to recover Q4 capacity quicker than expected

JetBlue to recover Q4 capacity quicker than expected

by Richard Schuurman | Oct 25, 2022 | Airlines | 0 comments

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 full year, it said on October 25 in its...
CFM LEAP expected to hit breakeven by 2025

CFM LEAP expected to hit breakeven by 2025

by Richard Schuurman | Mar 14, 2022 | Aerospace, CFM International, General Electric, Safran | 0 comments

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 are looking good beyond 2023. CFM LEAP...
United’s 2022 might be less solid than expected

United’s 2022 might be less solid than expected

by Richard Schuurman | Jan 20, 2022 | Airlines | 0 comments

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 2023 cost...

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