SAUDIA GROUP ordered 50 Lilium Jets and optioned 50; deal includes schedule of deposit and pre-delivery payments, timeline of future deliveries, guarantees on aircraft performance, and provisions on spare parts, maintenance, and repairs.
ALASKA AIR GROUP had $220m net income on $2.9b revenues in 2Q24 vs $240m on $2.8b in 2Q23. It also announced major expansion of first and premium cabins, which includes adding RECARO seats and COLLINS lavs, on >200 737s.
UNITED AIRLINES had $1.3b net profit on $15b revenues in 2Q24 vs $1.1b on $14.2b in 2Q23; it has $18.2b of available liquidity. It operated its largest schedule in its history, with the highest number of daily departures at nearly 2,700.