Aviation Daily Roundup: March. 14, 2023

March 15, 2023

Honeywell’s Adamczyk Turns Over CEO Role To Kapur; M&A Possible

Credit: REUTERS / Alamy Stock Photo

Six years after taking the reins of Honeywell International, Darius Adamczyk will hand over the CEO title to Vimal Kapur, currently president and COO, on June 1, the company announced March 14.

Flair Scrambles To Find Alternate Aircraft To Meet Summer Demand

Credit: Bayne Stanley / ZUMA Press Wire / Alamy Stock Photo

Canadian ULCC Flair Airlines is working to meet its capacity targets for the busy summer travel season after lessor Airborne seized four Boeing 737 MAX aircraft from the airline. 

Boeing February Deliveries Dip On 737 MAX, Widebody Slowdowns

Credit: Paul Christian Gordon / Alamy Live News

Boeing’s delivery totals dipped in February as an expected slowdown in 737 activity was exacerbated by unanticipated hold-ups on two widebody programs.

United Airlines Remains Confident In Outlook Despite Q1 Miss

Credit: United Airlines

United Airlines is still bullish about the current revenue environment—despite forecasting a loss for the 2023 first quarter (Q1)—and believes its assessment of challenges facing the industry remains valid. 

Russian Leases Erode NAC, BOC 2022 Results

Credit: Boeing

Regional aircraft lessor Nordic Aviation Capital (NAC) took $227 million in impairments in 2022—largely related to stranded Russian aircraft—while the impact on BOC Aviation stood at over $500 million.

Narita Slot Expansion A Key Japanese Priority

Credit: Lensw0rld / Alamy Stock Photo

Increasing slot expansion at Tokyo’s Haneda and Narita airports are among the top priorities of the Japanese ministry of transport, which aims to put the city on par with major international gateways like London and New York. 

From United Airlines remaining confident in outlook despite Q1 miss to Russian leases eroding NAC, BOC 2022 results. Take a look at the daily roundup of air transport news.

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