SPIRIT AIRLINES had $193m net loss on $1.28b revenues in 2Q24 vs $2.3m loss on $1.43b in 2Q23; it has $1.14b liquidity. It launched cost saving initiatives that include rightsizing pilot/cabin crew via suspending recruitment/furloughs.
ALLEGIANT AIR earned $47m on $649.5m revenues in 2Q24 vs $127.5m on $684m in 2Q23; it expects to take delivery of four 737-8200s by end of 2024 (first in September), increasing year-end fleet to 124: four 737s and 120 A320 Family.
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.
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.
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.
