25 Jul 2024

DAB250724

  

• China Aviation Industry Newsletter                   
• India Aviation Industry Newsletter                    
• Irish Aircraft Leasing Newsletter           
• Irish Commercial Aircraft Update    
• North America Newsletter

      

• Bamboo Airways Embraer 190LR Ferries to Ireland West Airport
• Take off for Pegasus new route Dublin to Ankara
• 2Excel Aviation forms Irish subsidiary

    

• N751AL Boeing 757-2Q8 c/n 28167 Galactic Holdings Air Test at San Antonio 22/06/24 ex EI-LBR.
• VP-CRQ Airbus A330-343 c/n 1060 Aergo Capital Ferried to Teruel 16/07/24.

  

• FedEx picks Swiftair as 5th CMI operator for ATR 72-600Fs
• GE Aerospace Investing $1 Billion to Expand and Upgrade MRO Facilities Worldwide
• Haite Tianjin begins 2nd A320 family P2F line
• Mammoth Freighters Inducts First 777-200LR for Conversion at STS Manchester
• Saudia Group Signs Industry-Leading Sales Agreement With Lilium to Acquire Up to 100 eVTOL Jets

• Minister Lawless announces outcome of the Mid-term Review of the Regional Airports Programme during visit to Shannon Airport
• Pre-tax profits at Sunway increase by 14pc to €1m
• Quality is guaranteed - Eirtrade Aviation Senior Key Account Manager, Peter Murray, gives exclusive insights on USM market
• Ryanair share price drops 12.5pc after 46pc drop in Q1 profits
• Shannon Airport CEO Tells Minister Facility Is “Underutilised”

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• @airlinewriter And TD Cowen downgrades @AmericanAir to Hold from Buy, citing concern over "aggressive discounting this summer," risk to second-half revenue trends. Analyst says $AAL needs "significant investments to close the gap" with $DAL and $UAL; paying down debt could suffer.
• @airlinewriter Deutsche Bank analysts report "a growing gap" between airline haves and have-nots. They say $DAL $UAL $AAL $SNCY and $ALK should  maintain or expand on returns that exceed their cost of capital, but only $SKYW among the other publicly traded airlines will do so in 2024.
• @airlinewriter TD Cowen downgrades $SAVE to Sell from Hold. "We do not forecast a quarterly operating profit until summer 2026." @SpiritAirlines is negotiating with creditors over upcoming payments, and new lead airlines analyst says it could end in a prepackaged bankruptcy filing.
• @airlinewriter The @Delta CEO says other airlines need to control capacity to end a glut of seats that's holding down prices. Higher costs and low base fares sent $DAL's 2Q profit down 29%, and it offered a relatively weak 3Q outlook.

• Airport Sector Is In A Sweet Spot And There Is Clarity In Policy: GMR Group
• Airline weakness shows consumer weakness at its best, says Jefferies' Sheila Kahyaoglu
• Alaska Airlines 'well positioned' despite Q2 revenue miss, says CEO Ben Minicucci

 

 

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