Listen in as EasyJet CEO Johan Lundgren talks about how the LCC will reach its ambitious sustainability goals as well as preparations for the summer season.
HAWAIIAN AIRLINES had $101.2m net loss on $669m revenues in 4Q23 vs $50.2m loss on $731m in 4Q22; and $260.5m net loss on $2.7b revenues for 2023 vs $240.1m loss on $2.6b in 2022. It has $1.1b in total liquidity vs $1.6b.
IATA reports y-o-y global pax traffic rose 36.9% in 2023 on 31% higher capacity, reaching 94.1% of pre-pandemic levels; air cargo traffic dropped 3.6% on 2.5% higher capacity. For December, pax traffic rose 25.3% and air cargo rose 10.8%.
The target of generating $10 billion in free cashflow per year by 2026 may slip as the company pays to fix its production processes and stabilize manufacturing.
Airservices Australia is evaluating assumptions air traffic controllers use for sequencing arriving and departing aircraft following an April 2023 incident.
The new inlets are needed to address a hazard that could see the composite parts overheat and fail if engine anti-ice is used in certain circumstances.
ADS Group is calling on the next UK government to pursue a new industrial strategy that supports industry to give the country a greater strategic advantage.
The FAA’s decision to freeze 737 MAX production levels likely does not have a significant effect on top suppliers, according to executives and analysts.
IATA has released data for global air freight markets showing demand rebounded in 2023 with a particularly strong fourth quarter performance despite economic uncertainties.
