Boeing had a poor second quarter, with revenues falling to $16.866 billion versus $19.751 billion last year, a drop of 15%. The company reported a net loss in the quarter of $1.439 billion, which compared with a net loss of…
JetBlue, rebounding after the proposed merger with Spirit Airlines was denied, has eked out a small surprise profit in the second quarter. The carrier reported net earnings of $25 million during the quarter or $0.07 per diluted share. The company…
Airbus reported a major drop in first-half profits, primarily due to a write-down of Euro 989 million for its Space operations. Without the write-off, the company’s results would have been slightly better than in 2023, reflecting the continued strength of…
Looking at the latest data, it’s getting worse again. But we have some interesting perspectives to share. The model below examines the US DoT On-Time dataset and reports on airline, airport, and aircraft performance. The ten-page model offers several perspectives,…
Today’s key stories center about 2nd quarter earnings and expectations for Q3 after July deliveries holding pace. Boeing will release earnings prior to market opening today, amid expectations for losses and negative cash flow as the company begins its manufacturing…
Air New Zealand reversed course on its climate commitments for 2030, dropping commitments made in 2022 for the 2030 time frame. The carrier revealed two major reasons for the change: first, the inability to source more fuel-efficient aircraft on a…
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