Contrails from hydrogen-fueled aircraft may form more readily and be more widespread than those from jet-fueled aircraft but have less of a climate impact.
Airbus has selected MTU Aero Engines CEO Lars Wagner as the new head of its commercial aircraft business, succeeding long-time senior exec Christian Scherer.
DAE had $162m net income on $337.9m revenues in 3Q24 vs $59.6m on $319m in 3Q23; it now has owned/managed/committed fleet of 500 aircraft vs 495 a year ago and $4b of available liquidity vs $4.1b on January 1.
AVOLON had $120m net income on $677m lease revenues in 3Q24 vs $97m on $588m in 3Q23; it has owned/managed/committed fleet of 1,019 aircraft, excluding proposed acquisition of Castlelake Aviation, vs 897 a year ago.
AERCAP had $375m net income on $1.95b revenues in 3Q24 vs $1.1b on $1.89b in 3Q23; it has owned/managed/committed fleet of 3,491 aircraft/engines/helicopters vs 3,451 a year ago and saw 92% extension rate for used aircraft.
Financial Q3 results for American Airlines, Delta, Southwest and United reveal strong operating performances and positive net results for three of the “Big 4.”
IATA predicts Thailand’s passenger numbers will return to a strong growth trajectory, but stresses infrastructure improvements and tax avoidance will be keys.
