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Lessor Dubai Aerospace Enterprise (DAE) has grown its portfolio by 36 aircraft by acquiring SKY Fund I from leasing asset manager SKY Leasing. The acquisition includes new-technology Airbus and Boeing aircraft, for which DAE itself has no current orders in backlog.…
Robust demand for travel pushed revenues up for Spirit Airlines and helped it reduce losses in Q2. This despite serious operational issues early in the quarter, but these problems seem to have been adequately addressed and services are running reliably right…
UPDATE – Despite improving its margins, Boeing Commercial Airplanes continues to be loss-making in HY1 and Q2. Revenues were higher thanks to more MAX deliveries, but the continued delivery pause of the 787 continues to affect income and cash flow.…
Singapore Airlines significantly reduced its losses last year, thanks to the reopening of borders in key markets and the resultant recovery in demand. Forward bookings for this summer are almost back to 2019 levels but high fuel prices and inflation…