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.
JACKSON SQUARE AVIATION signed 49 lease agreements in 2023; it also acquired 32 aircraft/sold 11 and ended year with owned/managed/committed fleet of 269 aircraft (79% narrowbodies) on lease to 61 airlines in 29 countries.
INDIGO agreed to sell four LEAP-powered A320neos to investors advised JP Morgan Global Alternative’s Global Transportation Group for leaseback; aircraft, to be delivered in January/February '24, will be managed by Avionix, Dublin.
RYANAIR had €15m net profit on €2.7b revenues for third quarter ended Dec 31 vs €211m on €2.3b a year ago; yields were softer than previously expected due to lower pricing in response to removal of flights from OTA Pirate websites.
CDPQ, Canada teamed with SMBC AVIATION CAPITAL to create US$1.5b aircraft financing/leasing platform to operate under name MAPLE AIRCRAFT COMPANY to target an initial deployment of US$500m per year over next three years.
