After a string of safety issues arose earlier this year, the Federal Aviation Administration placed restrictions on United Airlines ability to add new aircraft and new routes. During the hiatus, the FAA conducted a review of the airline’s safety procedures…
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The pandemic did a number on every business in the service sector. US airlines were hit hard and, like everyone else, grabbed the PPP funding. As traffic dropped off, airlines scrambled to lose employees. The most expensive were offered buyouts…
Airline reporting: United Airlines reported first-quarter 2024 financial results. The company had a pre-tax loss of $164 million, a $92 million improvement over the same quarter last year; adjusted pre-tax loss1 of $79 million, a $187 million improvement on an adjusted…
The January data that was published provides some interesting data points. We are updating the models. The following charts examine the percentage of flights canceled for selected US airlines that show obvious signs of disruptive cancellations. The industry average for…
Airline PR: Spirit Airlines, Inc. announced that it agreed with Airbus to defer all aircraft on order scheduled to be delivered in the second quarter of 2025 through the end of 2026 to 2030-2031. These deferrals do not include the…