Despite Spirit's reliance on leased aircraft, lessor specific exposure to the financially distressed airline is not large enough to raise any red flags.
While aerospace investment is traditionally a long game, many companies continue to see their performance and outlook judged largely in the short term.
United has urged the U.S. Transportation Department to award it nighttime slots at Tokyo Haneda Airport that are being relinquished by Hawaiian Airlines.
Boeing is withdrawing its request for a time-limited exemption covering a de-icing system that would have allowed the 737-7 to be certified with a known noncompliance.
Our Air Transport editors have selected the best quotes they’ve heard from industry leaders over the past week, including Alaska Airlines CEO Ben Minicucci.
Holding 70% of the company’s outstanding shares, they could declare a crisis of confidence, challenge the status quo and demand a change in top management.
MESA AIR GROUP had $120.1m net loss on $498m revenues for year ended September 30 vs $182.7m loss on $531m a year ago; revenue decline was primarily driven by a reduction in block hours and fewer aircraft under contract.
