UPDATE – Spirit Airlines announced a $-270.7 million reported net loss for Q4 2022, which after excluding special items turns into a small $12.6 million profit. Full-year, the ultra-low-cost US airline wrote deep red numbers with a $-554.2 million reported net...
The Zhuhai Airshow in China seems to have mainly generated business for western engine makers. CFM and Pratt & Whitney have announced a few agreements with Chinese airlines or extended contracts with MRO suppliers. Here are some updates, based on what they...
UPDATE ALC – A dispute with Airbus over a quality issue on Qatar Airways A350s has entered a new stage. On explicit instruction of the Qatar regulators, the carrier has grounded thirteen A350s. CEO Akbar Al Baker wants Airbus to step up its game and treat “the...
UPDATE SPIRIT – Is Airbus overstretching itself by targeting production rates for the A320neo-family that go beyond 70 per month? That question seems to be answered affirmatively by at least two of its key program suppliers, engines manufacturers Safran and...
It’s been a milestone without much fanfare except for a few tweets, but Pratt & Whitney has had something to celebrate recently: on January 25, the Geared Turbofan (GTF) has been in commercial service for five years on the Airbus A320neo. With Lufthansa, to be...
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