Ten days after taking office, Argentine President Javier Milei addressed the nation and announced a decree to generate a profound governmental reform to eliminate the chronic fiscal deficit, deregulating vast economic sectors. Among those sectors, commercial aviation is set to…
JetBlue’s 2023 is taking a drastic turn for the worse, with the US airline guiding significantly lower earnings per share (EPS) compared to earlier this year. While Q2 and HY1 produced strong results, the dark clouds hung over HY2. They…
Norwegian ended 2022 with a loss-making fourth quarter, but overall the year has been profitable and demonstrated that the airline has recovered well from the Covid-years and the earlier restructuring. Bookings for 2023 are “encouraging” but remain close in, so…
The acquisition of the aircraft portfolio of SKY Fund I and the effects of the war in Ukraine dominated 2022 for aircraft lessor Dubai Aerospace Enterprise (DAE). While it grew its portfolio, a write-off on nineteen aircraft in Russia pushed DAE…
Southwest Airlines says its Q4 result will slip to a $-725 to $-825 million pre-tax loss, the result of the meltdown of the carrier’s operations between December 21 and December 31. “A significant portion of this impact is from an estimated…
Hawaiian Airlines has amended its delivery schedule for the ten Boeing 787s it has on order while at the same time ordering two more. This brings the backlog to twelve Dreamliners. The airline disclosed the supplemental agreement with Boeing in…