Analysis
Boeing reported Q1 revenue of $22.2 billion, up 14%, with a GAAP loss of $0.11 per share — well ahead of the consensus loss estimate of $0.69. Cash fell $8.5 billion in the quarter as Boeing repaid nearly $7 billion in debt.
Analysis
Lufthansa is cancelling 20,000 flights through October, closing CityLine and retiring six long-haul aircraft.
Newsletter
Trump extended the US-Iran ceasefire late Tuesday after reversing his own position. The strait remains closed. United posted record Q1 revenue of $14.6bn and cut full-year capacity. American reports Thursday.
News
United Airlines posted a record $14.6 billion in first-quarter revenue, with adjusted EPS of $1.19 beating expectations despite a $340 million fuel hit. Premium revenue rose 14 per cent.
News
Spirit Airlines filed its restructuring plan assuming jet fuel at $2.24 per gallon. The market is at $4.32. J.P. Morgan puts the gap at $360 million in additional costs — more than the airline's entire cash balance.
Newsletter
The ceasefire expires this evening. United Airlines reports after the close. The EASA bulletin runs out on Thursday. American reports Wednesday.
Long Read
Singapore Airlines filled 93.5% of its European seats in March. Cathay Pacific carried 24% more passengers year-on-year. Korean Air posted a record quarter with European revenue up 18%.
Opinion
Michael O'Leary has been right about fuel risk, ancillary revenue, secondary airports and marketing for thirty years. The industry is still laughing.
Newsletter
The USS Spruance seized an Iranian cargo ship in the Gulf of Oman on Sunday. The ceasefire expires Wednesday. United and American report earnings this week. And Europe's jet fuel clock is still running. Here is what the industry is waking up to on Monday morning.
Long Read
The Strait of Hormuz opened for twelve hours on Friday. By Saturday morning Iran had closed it again. For an unhedged carrier still in post-bankruptcy recovery, every additional week of this costs money it cannot spare.
Analysis
Jet fuel prices remain double their pre-war levels. IATA warns of European cancellations by end of May regardless. The carriers that survive the rest of 2026 intact are already visible — and so are the ones that may not.
News
American Airlines said Friday it is not interested in a merger with United and has held no discussions. The statement goes further, calling the combination anti-competitive and invoking Trump's own antitrust philosophy to close the door.