Frontier Airlines is facing ‘interesting times.’ It no longer has to compete with Spirit Airlines, which drove fares down. In its ULCC category, it now competes with Allegiant. Allegiant, after acquiring Sun Country, is growing. And it is deploying a…
Ahead of tomorrow’s investor day, GE’s aerospace unit reinforced its 2024 financial targets while authorizing up to $15 billion in share repurchases. This is part of a plan to return 70% to 75% of cash to shareholders. GE Aerospace’s revenues…
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Aftermarket sales of spare parts for CFM LEAP and CFM56 engines have recovered to well over 2019 levels, the first time this happened since the pandemic. Sales were up 36.5 percent in HY1. As this trend is expected to continue…