Aviation Week
GULFSTREAM AEROSPACE
Skies Magazine
Aviation Week
Skies Magazine
AINonline
• Kerry Lynch
US lawmakers Pushing To Get FAA Bill Passed This Week
By AINonline: NBAA is urging action as U.S. lawmakers press to get the FAA reauthorization bill passed this week, but non-germane measures may be a stumbling block.
Also:
Simple Flying
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Reuters
• Abhijith Ganapavaram
Spirit Aero's cash position dwindles as quarterly loss doubles
By Reuters: Spirit AeroSystems posted a much bigger-than-expected drop in cash on hand and its quarterly losses doubled, leaving it in a difficult position when it negotiates an agreement to sell key operations to its primary customer, Boeing.
Fortune
• Dylan Sloan
Spirit Airlines CEO, still salty after its failed JetBlue merger, calls the airline industry a ‘rigged game’ and consumers ‘the long-term losers’
By Fortune: Months after its challenge to the “Big Four” airlines falls apart, Spirit blasts the Department of Justice for blocking the proposed merger. .
Reuters
• Giulia Segreti
Italy's Leonardo in wait-and-see mode over Boeing delays
By Reuters: Italy's Leonardo is waiting to see the impact of Boeing's recent troubles on production, which could cost the Italian firm some 50 million euros in 2024, the group's CEO said on Tuesday.
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Bloomberg
• Kate Duffy
Ryanair Sees Summer Fares Lower Than Expected, Reuters Says
By Bloomberg: Ryanair Holdings Plc expects summer ticket prices to be lower than previously estimated as the airline industry suffers from grounded planes and a supply chain backlog.
Also:
MarketWatch and
Reuters
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Reuters
• Gabriel Araujo,
Embraer reaffirms 2024 outlook, says no plans for new narrowbody
By Reuters: Brazilian planemaker Embraer on Tuesday reaffirmed its full-year outlook after posting a smaller first-quarter net loss, while rebuffing speculation that it plans to develop a new jet.
Corporate Jet Investor
