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.
VietJet dominates key tourism markets to South Korea, Australia and Taiwan as it continues to expand its network amid strong 2024 first-half results, with profits exceeding initial targets by 21%.
Perhaps it is a good sign that Howmet is raising its baseline expectations of 737 shipsets to Boeing by 10% coming out of the Farnborough International Airshow.
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.
AZORRA, FL closed $988m debt financing facility, which includes $750m revolving credit facility and $238m recourse debt financing to finance the expansion of its aircraft leasing portfolio of >100 aircraft and acquire additional aircraft.
PIEDMONT AIRLINES plans to pull two ERJ 145s per month out of storage from Marana, AZ through February 2025 to increase fleet to 70 aircraft, citing rebound of pilot hiring and capacity needs to support American Airlines network.
ANA HOLDINGS had ¥24.7b net income on record ¥517b revenues for first quarter ended June 30 vs ¥30.6b on ¥461m a year ago; international pax revenue reached record ¥189.5b with plans to increase y-o-y capacity to Europe by 130%.
