MESA AIR GROUP had $11.7m net profit on $132m revenues for second quarter ended March 31 vs $35.1m loss on $122m a year ago; it currently operates 80 aircraft as United Express, serving 79 cities with 263 daily departures.
AAPA reports its members had cumulative US$8.8b net profit in 2023 after three consecutive years of losses; revenues increased 54.8% in 2023 to US$198.1b. It says outlook is generally positive, despite capacity constraints from supply chain.
Recent revisions of the certification requirements for EVTOL aircraft that narrowed the gap between European and U.S. regulators come as welcome news to Lilium.
At Routes Europe 2024, representatives from Polish Airports S.A. (PPL S.A.) outlined Poland’s growing transfer hub status and how the airports plan for growth.
Norddeutsche Landesbank, active in aircraft financing for over 40 years, plans to sell €1.67 billion of its €2.75 billion aviation portfolio to Deutsche Bank.
At Routes Americas 2024 in Bogota, representatives from Sabre spoke about how changes in route development have led to the need for more robust data sources.
