Florida-based LCC Spirit Airlines reported a 2019 first-quarter net income of $56.1 million, reversed from a net loss of $44.9 million in the year-ago quarter.

A trio of unusual events took a toll on Southwest Airlines’ first-quarter financial performance and is driving unit costs up, but long-term fundamentals remain strong, as does the carrier’s confidence in the Boeing 737 MAX.

The FAA projects passenger growth for US carriers will advance at an average annual rate of 1.8% over the next 20 years—about 0.1% lower than last year’s forecast—increasing by 48% or roughly 424 million passengers from 2018 levels by 2039.

MAX operators in the US and elsewhere are emphasizing a need to plan for the busy summer season to set schedules well ahead of whenever the groundings are lifted.

India’s expanding middle class and inadequate surface transport have resulted in dramatic growth for the country’s aviation market.