Fred Cromer to Executive Vice President and Chief Financial Officer of Spirit Airlines; Tomas Ranaldi was promoted to Vice President-Financial Planning and Analysis.
AMERICAN AIRLINES committed to conditional purchase of 100 ZeroAvia hydrogen-electric (fuel cell-powered) engines to power regional aircraft. In addition, American has increased its investment in ZeroAvia under Series C financing round.
Although major carriers operating on transatlantic routes don’t expect a repeat of 2023’s record performance during the summer high season, demand is resilient.