The two Mexican ultra-low-cost carriers, Volaris and Viva Aerobus, have released their 2023 third quarter financial results. The first remains the country’s top carrier with over 25 million passengers throughout the year but posted a $39 million net loss during…
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First deliveries of the Boeing MAX 7 will slip to 2024, the airframer said in an SEC filing released on Wednesday after the presentation of its HY1 results. The airframer and its customers, notably Southwest Airlines, had hoped that the smallest…
UPDATE – Boeing has slipped back into a Q2 loss again this past quarter, producing red numbers for both its Commercial Airplanes and Defense, Space & Security business units. The consolidated Q2 net loss was $-149 million, down from a…
SpiceJet promoter Ajay Singh is infusing Rs 5000 million (about $ 61 million) into SpiceJet by subscribing to fresh equity and/or convertible instruments. The announcement comes as the airline entered its 18th year of operations, starting commercial operations in May…
The recent numbers announcement warrants more attention. We think changes in Airbus’ order and delivery numbers reflect market views worthy of deeper analysis. Orders data is gross and is useful for guidance as these are modified before deliveries. Orders are…