All North America articles – Page 133
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NewsFrontier Airlines turns $33m Q3 profit on strength of demand for leisure travel
Frontier Group Holdings, parent of Frontier Airlines, reported a profit of $33 million in the third quarter of 2022 – the second consecutive profitable quarter for the Denver-based ultra-low-cost carrier (ULCC).
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NewsAmid slow recovery, Spirit Airlines loses $36.4m in Q3
Buffeted by hurricane winds, higher fuel costs and operational constraints, Spirit Airlines reported a loss of $36.4 million in the third quarter of 2022.
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NewsTroubled fixed-price defence contracts drive $3.3bn loss for Boeing
The aerospace giant’s defence division received $2.8 billion in charges on five aircraft development programmes that Boeing bid using a competitive but risky pricing strategy.
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AnalysisBoeing cuts 737 Max delivery forecast as wait on Chinese carriers continues
Boeing’s chief executive is hopeful that China’s Covid-19 lockdowns – not US-China political friction – is the reason why Chinese airlines are still not taking delivery of new 737 Max. But he has no indication Chinese airlines are poised soon to start again receiving the Boeing narrowbody.
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NewsWestJet’s acquisition of Sunwing raises red flags from competition regulator
A Canadian business-competition regulator has raised concerns about WestJet’s proposed acquisition of rival Sunwing Airlines, citing a “substantial lessening or prevention of competition in the sale of vacation packages to Canadians”.
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NewsGulfstream’s backlog growth slows but profits roll in
Backlog growth at General Dynamics’ aerospace business – which Gulfstream anchors – slowed in the third quarter of 2022 amid what an executive described as slightly cooling demand for business jets.
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NewsGulfstream parent warns of FAA delays to G700 certification, still hopes for mid-2023 approval
General Dynamics still hopes subsidiary Gulfstream will have its in-development G700 certified by mid-2023 but now cautions that the resource-constrained Federal Aviation Administration could impact the timeline.
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NewsCommercial aircraft and defence divisions push Boeing to $3.3bn third-quarter loss
Despite recent positive momentum in its commercial aircraft business, Boeing lost $3.3 billion in the third quarter of 2022 as heavy losses in its defence unit took their toll.
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NewsAlaska orders 52 more 737 Max, preps to divest remaining Airbus jets
Alaska Airlines has ordered another 52 Boeing 737 Max jets and secured rights to purchase a further 105, aligning the airline’s future with the narrowbody as it aims to divest its remaining Airbus fleet next year.
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NewsAir Canada orders another 15 Airbus A220s
Air Canada has ordered another 15 Airbus A220-300s in a deal that brings the Montreal-based carrier’s total orders for the Canadian-built type to 60 jets.
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NewsHawaiian Airlines loses $9.3m in Q3 as ‘international network is still rebuilding’
Hawaiian Holdings, parent company of Hawaiian Airlines, reported a third-quarter loss of $9.3 million as the carrier continues its pandemic recovery.
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NewsJetBlue squeezes $57m profit in Q3
Positioning itself to consume a rival low-cost airline amid concerns from federal antitrust regulators, JetBlue Airways has reported a $57 million third-quarter profit.
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NewsRaytheon logs declines in defence sales despite billions in backlog
Sales of avionics, jet engines and precision missiles all declined year-over-year, despite surging defence spending and billions of dollars worth of backlogged orders.
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NewsP&W’s commercial engine deliveries hit post-pandemic high in Q3 as profits soar
Pratt & Whitney delivered more large commercial aircraft engines in the third quarter of 2022 than in any period since early 2020, powering the engine maker to a $316 million quarterly operating profit, up 69% year on year.
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NewsGE Aerospace’s third-quarter profit surges on higher Leap deliveries and aftermarket bump
GE Aerospace’s third-quarter profit shot up more than 50% year on year in the third quarter of 2022 to $1.3 billion, reflecting a significant bump in engine deliveries and increasing demand for aftermarket services.
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NewsNorthern Pacific upgrades terminal space in Anchorage ahead of 2023 launch
Start-up US airline Northern Pacific Airways has almost completed a $6 million upgrade of the terminal space it is leasing at Anchorage International airport in Alaska.
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AnalysisHow US airlines are tackling pilot shortage crisis
The post-pandemic US pilot shortage has caused carriers to cut services, prompting initiatives intended to smooth new recruits’ path to the cockpit – but barriers remain.
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AnalysisWhy aerospace must do more to get pilot mental health reporting on the level
When pilot Alan Smith took an anti-depressant medication after a stressful relocation to a new city, he had no idea what lay in store: a months-long odyssey that almost derailed his future career prospects and cost thousands of dollars in unexpected expenses.
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NewsAeromexico’s Q3 revenue up from 2021
Newly restructured Grupo Aeromexico, the parent company of Mexico’s legacy carrier, Aeromexico, reports third-quarter profitability and a rebound from the lows of 2021.
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NewsHawaiian to operate 10 A330Fs for Amazon, grants retailer ownership rights
Hawaiian Airlines has agreed to operate at least 10 Airbus A330-300 Freighters for Amazon and has granted the online retailer rights to own 15% of Hawaiian Holdings’ stock.