Boeing reports $2.2bn net loss for 2023
Boeing reported a $2.2bn net loss for 2023 and a $30 million net loss for the fourth quarter of 2023. Adjusted loss per share sat at $0.47 in the fourth quarter and at $5.81 per share. Boeing repor...
Boeing reported a $2.2bn net loss for 2023 and a $30 million net loss for the fourth quarter of 2023. Adjusted loss per share sat at $0.47 in the fourth quarter and at $5.81 per share. Boeing repor...
Azorra has purchased 12 Airbus A220-300s from EgyptAir, the flag carrier of Egypt. Azorra is acquiring the aircraft from EgyptAir “to support the airline’s ongoing fleet transformation”. John Ev...
Embraer delivered 75 aircraft in the fourth quarter of 2023, comprising 49 executive jets, 25 commercial jets and one military aircraft. However, despite the yearly total for the Brazilian manufacture...
The Advancing Women in Aviation Roundtable (AWAR) has announced Margaret Clandilion, one of the first female executives to work in the aircraft leasing industry, as the recipient of this year’s Trailb...
Insurers and ECAs at Airline Economics’ 2024 Growth Frontiers Dublin conference supported finance panel for the Americas believe 2024 to be a good year. Despite the headwinds this year presents, the p...
Speaking at Airline Economics' 2024 Growth Frontiers Dublin conference, Air Lease Corporation CEO and president John Plueger and SAS CEO Anko Van Der Werff discussed the various geopolitical issues fa...
US carrier JetBlue has reported a net loss of $104 million for the fourth quarter of 2023, translating to an adjusted net loss of $63 million; despite capacity increasing by 3.3% year-on year and oper...
Boeing has withdrawn its bid for a FAA (Federal Aviation Administration) certification exemption request (concerning an engine inlet anti-ice system) on its 737 MAX 7, reports Reuters, with the manufa...
JetBlue Airways has promoted Warren Christie to the position of chief operating officer, effective as of February 12 2024. This will align with the previously announced transition of current president...
Aviation aftermarket inventory solutions provider AvAir has acquired TAP Maintenance & Engineering Brazil’s entire inventory of more than 100,000 line items, including rotable and expendable parts. Th...
With production issues plaguing Boeing aircraft, particularly the 737 MAX 9, one of the world's largest aircraft lessor Air Lease Corporation (ALC) executive chairman and aviation entrepreneur Steven ...
Seabury Capital Group has announced the appointment of Richard Spaulding as vice president of Seabury Aircraft Capital (SAC), an advisory and capital arranging firm specialising in the financing of ne...
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