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2023-08-14 14:50:46 ET Summary Airbus SE stock faced pressures from lower margins and issues with the Pratt & Whitney geared turbofan. Airbus booked 60 gross orders in July, with a net value of $4.1 billion, and delivered 65 jets, showing improvement in delivery numbers. A...
2023-08-13 08:08:08 ET Summary Lufthansa saw a 14% increase in passenger volume and a 17% increase in revenues in Q2 2023. Cargo revenues dropped by 43% while MRO revenues increased by 26%. Lufthansa expects further recovery in Q3 and predicts capacity to recover up to 85% in ...
2023-08-06 11:27:51 ET More on Deutsche Lufthansa, Deutsche Lufthansa AG, etc. RTX Corporation: Excellent Time To Buy The Dip JetBlue Earnings Show A Company Without A Flight Plan Deutsche Lufthansa AG ( OTCQX:DLAKF ) Q2 2023 Earnings Call Transcript Deut...
2023-08-04 03:35:21 ET Deutsche Lufthansa AG (DLAKF) Q2 2023 Earnings Conference Call August 03, 2023 5:30 AM ET Company Participants Dennis Weber – Head-Investor Relations Carsten Spohr – Chief Executive Officer Remco Steenbergen – Chief Fin...
2023-08-03 15:59:25 ET Summary British Airways owner International Consolidated Airlines Group S.A.'s half-year results were well-received last week, with a 6.7% increase in stock price, driven by increased revenues and improving margins as fuel prices cooled off. With strong forw...
2023-07-26 07:40:25 ET Airline carriers could face downtime during the busy summer travel season in the wake of RTX's ( NYSE: RTX ) disclosure of a manufacturing defect in some jet engines. Pratt & Whitney estimated a significant portion of the PW1100G-JM engine fleet, which...
2023-07-18 15:42:39 ET Summary Norwegian Air Shuttle is set to acquire domestic carrier Widerøe for NOK1,125 million ($112 million), enhancing its connectivity and network efficiency. Widerøe, with its fleet of turboprops and small single aisle jets, will provide the fee...
2023-06-29 06:03:00 ET Summary Demand for air travel is proving resilient despite higher ticket prices. Passengers returned rapidly in 2022 and the recovery will continue this year and next. This is primarily being driven by leisure, but business travel is picking up too. Mean...
2023-06-07 13:57:22 ET The Federal Aviation Administration on Wednesday issued a ground stop LaGuardia Airport in New York due to clouds of smoke obscuring the skies over the Northeast. A ground stop was instituted at 12:50PM ET at the New York hub for domestic flights and is du...
2023-06-06 20:20:20 ET Summary IATA has significantly increased its forecast profits for 2023. U.S. Global Jets ETF is not the desired way to capitalize on this as growth is driven by European airlines, which have low exposure in the ETF. North America remains a very strong re...
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