Air Transport

JETBLUE had $716m net loss on $2.2b revenues in 1Q24 vs $192m loss on $2.3b in 1Q23; y-o-y capacity fell 2.7%.

SILVER AIRWAYS has eclipsed 76,000 flight hours/2.1m pax with its ATR fleet of 14 aircraft over last five years.

LUFTHANSA CITY AIRLINES plans to launch operations on June 26 at Munich with four A319s, serving Berlin, Hamburg, Bremen, Düsseldorf, Cologne, Hanover, Birmingham, Bordeaux and Manchester; it will transition fleet to 60 A220s.

FINNAIR GROUP lost €11.6m on €681.5m revenues in 1Q24 vs €0.9m profit on €694.7m in 1Q23; Finnair has 55 aircraft.

Volaris' major issues of concern include how fast Pratt is inducting engines into shops, and once inducted, wait times for parts and materials seem uncertain.

Hexcel reported first-quarter 2024 results including net sales of $472 million and adjusted diluted earnings per share (EPS) of $0.44 per share.

Due primarily to elevated capacity pressure in Latin markets, JetBlue Airways has lowered its full-year guidance.

Budapest Airport has been crowned the Overall Winner at the Routes Europe 2024 Awards, as well as triumphing in the 5-20 Million Passengers category.

Buoyed by double-digit first-quarter revenues and a busy commercial and defense orderbook, GE Aerospace reported an operating profit of $1.5 billion.

AAR Corp. is using lessons learned from a challenging but ultimately beneficial expansion to help avoid similar start-up headaches, its top executive shared.

Both U.S. carriers believe they are laying the groundwork to change the narrative for the historically weak first quarter.

Delays in the delivery of new aircraft are preventing Air Serbia from announcing its network expansion, the airline’s CEO says.

RTX’s sales and net profit beat Wall Street’s expectations in the first quarter on the back of strong demand for both its commercial and defense products.

Two major European carriers have announced plans to keep their pipeline of new pilots full in the coming years.

After a successful 2023 in recruitment, the aerospace sector in France is planning to add 25,000-30,000 employees in 2024.

Japan is no stranger to the A321P2F platform, with freight company Yamato Holdings taking delivery of its first of three A321P2Fs in November 2023.

All Nippon Airways and Air India will enter a codeshare agreement beginning May 23.

Korean Air and WestJet have expanded their codeshare agreement to include a new transpacific route set to be launched by the Canadian carrier to Seoul.

The latest airline route news, featuring network changes, schedule alterations, codeshares and interline agreements.

Warsaw Chopin Airport is expected to be at full capacity during peak summer.

Only 44% of airports in Europe have exceeded 2019 passenger traffic levels despite the total volume across the region recovering to 95% of pre-COVID levels.

News from exhibitors and delegates attending Routes Europe 2024 in Aarhus, Denmark.

Five destinations and five airlines are among the finalists at the Routes Europe 2024 Awards, which celebrate excellence in airport and destination marketing.

All the data relating to the region’s top airlines, airports, routes and markets during the second quarter of the year.