Hurricane Ian and operational constraints in Florida have hurt Spirit Airlines in Q3. The airline was forced to cancel hundreds of flights due to bad weather, while staffing issues prevented it from optimally using its fleet, it said in its earnings…
The Big Issues
New-technology engines are coming off the wing of aircraft much sooner than anticipated, AerCap CEO Aengus Kelly remarked on August 11 in the lessor’s earnings call. This remark came as a surprise to some, as it was believed that the technical…
UPDATE – Lufthansa Group happily reported a return to profitability in the second quarter with a €259 million net profit. The first six months were still loss-making, in line with results at other carriers. But whereas the recovery is continuing, Lufthansa…
The supply chain issues from which the commercial engine makers are suffering will likely extend well into 2023 and could even last until the end of next year. This warning comes on July 28 from Safran, the aerospace giant that…
Supply chain challenges force Airbus to delay its ramp-up plans for the A320neo family by some six months. Instead of increasing the rate to 65 aircraft per month from the summer of 2023, the airframer will now take this step in…