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Magazine Issue

Aviation Daily, August 1, 2024

VOL. 437 NO. 23 August 01, 2024
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Airframers

Kelly Ortberg
article

Boeing Names Kelly Ortberg As Next CEO And President

Jul 31, 2024
Boeing has named Kelly Ortberg to be its new CEO from Aug. 8, taking on the massive challenge of reviving the aerospace giant.
Boeing Headquarters
article

Boeing Warns 2024 Is Another Red Ink Year

Jul 31, 2024
Boeing CFO Brian West indicated that the troubled airframer and large defense prime will see another year full of red ink when 2024 results are reported.
Boeing 777-9
article

Boeing On Track With Certification Efforts, Production Ramps

Jul 31, 2024
Boeing is anticipating certification of all three in-development aircraft by the end of 2025 and expressing confidence in near-term production-ramp estimates.

The Daily Memo

PIA jet
article

Daily Memo: Pakistan, Sri Lanka Confront Airline Privatization Hurdles

Jul 31, 2024
The trend toward airline privatization has been gathering momentum in the South Asia region since the pandemic.

Airlines

lufthansa group hq logo
article

Lufthansa Details Turnaround Plan After Profit Falls

Jul 31, 2024
Lufthansa Airlines' long-haul fleet will be streamlined by decommissioning its Airbus A340-300, A340-600, A330-200 and Boeing 747-400 sub-fleets by 2028.
Alaska Airlines 737-900
article

DOJ Review Timeline For Alaska-Hawaiian Merger Extended

Jul 30, 2024
Hawaiian and Alaska first announced an agreement to merge on Dec. 3, 2023, retaining both brands, with Hawaiian surviving as a wholly owned subsidiary of Alaska.

Lessors

jet landing
article

Chorus Aviation To Sell Regional Aviation Leasing Business

Jul 30, 2024
Chorus plans to sell its regional aviation leasing unit for C$1.9 billion ($1.37 billion) to affiliates of investment funds managed by HPS Investment Partners.

Suppliers

leap assembly line
article

CFM’s Leap 1A Production Plan Hit By Low HPT Blade Output

Jul 31, 2024
Safran CEO Olivier Andries has blamed delays in CFM Leap 1A engine deliveries to Airbus on a drop in output at a high-pressure turbine (HPT) blade supplier.

Regulatory/Legislative

Aerolineas Argentinas A330-200
article

Argentina’s New Regulations Should Boost Air Service Options, IATA Says

Jul 29, 2024
IATA believes new policies adopted by Argentina’s government could create a more inviting environment for new entrants in the aviation sector.

Industry Data