This recently published image sparked reactions because it provides essential insight. It is another way to see the pandemic’s impact on commercial aviation. It was a massive blow; a full recovery will take a long time. We looked at our…
Spirit AeroSystems’ 2Q23 results are disappointing. The company posted a loss per share of -$1.46, substantially lower than the consensus estimate of -$0.71. Revenues were 5 percent ahead of consensus. The weakness was focused on the company’s commercial side, which…
Troubled flag carrier Kenya Airways continued to claw back territory during the first half of 2022, posting a 76 percent increase in revenue and reducing the loss position by 31.5 percent. The carrier says “pent-up demand and the removal of travel…
UPDATE – AerCap, the world’s largest leasing company, expects to recognize an impairment on its assets leased to Russian airlines that have not been returned following the sanctions on Russia. The exact amount hasn’t been determined, but the impairment will…
The news yesterday that Qantas selected Airbus for the A321XLR and A220 should not be a surprise.Â
During the 2021 third quarter, LATAM lost $691.9 million due to the impact of the COVID-19 pandemic, plus the increase in costs associated with aircraft maintenance, and one-off impacts, said the carrier in a statement. Despite the loss, LATAM believes…