Despite Spirit's reliance on leased aircraft, lessor specific exposure to the financially distressed airline is not large enough to raise any red flags.
While aerospace investment is traditionally a long game, many companies continue to see their performance and outlook judged largely in the short term.
Boeing is withdrawing its request for a time-limited exemption covering a de-icing system that would have allowed the 737-7 to be certified with a known noncompliance.
Holding 70% of the company’s outstanding shares, they could declare a crisis of confidence, challenge the status quo and demand a change in top management.
With leasing demand still going strong—as illustrated by Turkish Airlines’ latest deal with DAE for 10 Boeing 737-8s—two new leasing ventures have emerged.
A weak or failed Spirit is just as much a threat to price-conscious consumers’ ability to fly and enjoy low fares as a merger with JetBlue Airways would be.
The TP-R90, a recuperative turboprop designed for light aircraft, ran on gaseous hydrogen; Turbotech and Safran will switch to liquid hydrogen later this year.
Ryanair CEO Michael O’Leary said the airline would be happy to take over MAX delivery slots from United if the U.S. carrier wants to delay or cancel them.
The architecture may help keep the engine’s power to the minimum specification, as opposed to oversizing the engine to cope with marginal phases of working.
American Airlines has received tentative approval to launch nonstop service between New York JFK and Haneda Airport, while Hawaiian is stopping night flights to the Tokyo airport.
The Aviation Environmental Labeling Scheme is being developed to give passengers standardized information about the environmental impact of their EU flights.
The U.S. is ordering the Aeromexico-Delta Air Lines transborder joint venture be wound down after recent "anticompetitive" actions by the Mexican government.
