Word from Hexcel that it is cutting full-year guidance based largely on lower commercial production rates could be a harbinger, analyst commentary suggests.
Icelandair reported a second quarter (Q2) net profit of $0.6 million, versus $13.7 million in Q2 2023, negatively affected by softer demand to Iceland.
Vietnam Airlines is considering purchasing around 20 Airbus or Embraer regional airliners, as the flag-carrier continues to find ways to strengthen its network.
The International Council for Clean Transportation concludes that current manufacturer delivery projections are not consistent with the 2050 net-zero target.
The two largest commercial airliner OEMs, Boeing and Airbus, arrive at Farnborough amid different challenges at their headquarters and on production lines.
SPIRIT AIRLINES is projecting that total revenue for 2Q24 will be approximately $1.28b, lower than previously expected primarily due to lower-than-expected non-ticket revenue. It is expecting an operating margin of -13.5% to -12.5%.
ACI reports world's airports handled 8.7b pax in 2023, up 30.5% vs 2022, but down 5.8% vs 2019; global air cargo volumes fell 1.8% vs 2022, attributed to geopolitical tensions and disruptions to global trade and supply chains.
ACI says Hartsfield Atlanta, Dubai, DFW, London Heathrow, Tokyo Haneda, Denver, Istanbul, Los Angeles, Chicago O'Hare and New Delhi were the top 10 busiest pax airports in 2023; Hong Kong, Memphis and Shanghai handled most cargo.
AIR INUIT, Canada placed first (40855) of three 737-800SFs into service, operating primarily between Montreal and its cargo hubs in Kuujjuaq and La Grande; remaining two will enter service in 2025 in combi configuration, replacing -200s.
