AERCAP had $448m net income on $1.96b revenues ($1.6b lease rentals) in 2Q24 vs $497m on $1.92b in 2Q23 and ended quarter with owned/managed/committed fleet of 3,492 aircraft, engines and helicopters vs 3,467 a year ago.
DELTA AIR LINES is estimating costs relating to CrowdStrike-Microsoft global tech outage in July will total $500m, which includes lost revenues, plus compensation and hotel costs, over the 5-day period. It plans to seek damages.
The self-service function covers the end-to-end processes of online check-in, travel document verification, bag drop, entering the security area, and boarding.
The advancement of business aviation in Africa is a focus at the 8th Aviation AFRICA Summit & Exhibition following the co-location AfBAA Symposium and AGM.
Wizz Air posted a dramatic drop in quarterly net profit, citing the airline’s ongoing impact from geared turbofan (GTF) engine-related aircraft groundings.
United Airlines has agreed to buy up to 1 million gallons of sustainable aviation fuel from Neste this year for use at Chicago O’Hare International Airport.
Boeing is anticipating certification of all three in-development aircraft by the end of 2025 and expressing confidence in near-term production-ramp estimates.
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.
REX, Australia entered voluntary administration with Ernst & Young Australia. All regional flights (Saab 340) are still flying as scheduled, but all domestic flights (737s) between major cities have been cancelled with aircraft grounded.