Reuters
Delta says Q1 profit will land within its original guidance and raised its revenue outlook even as jet fuel costs climb amid Middle East conflict. CEO Ed Bastian said travel demand remains resilient but higher fuel prices and TSA staffing shortages are creating operational and financial pressure.
IATA
By IATA: IATA released its Long Term Demand Projections (LTDP) for air travel, showing that global air passenger demand is expected to more than double by 2050.
Bloomberg
• Chris Bryant
By Bloomberg: Until recently jet engine makers such as General Electric Co., Safran SA and Rolls-Royce Holdings Plc had never had it so good. As travel recovered following the pandemic their cash flows and profits soared.
Flying Magazine
• Jack Daleo
By Flying Magazine: Conglomerate doubles down on its Series B investment in JetZero’s blended-wing body design.
Vertical Mag
By Vertical Mag: An Australian Transport Safety Bureau (ATSB) investigation interim report details details the incident.
eVTOL Insights
• Jason Pritchard
By eVTOL Insights: Open Skies Network has signed a partnership with ASONE Park to develop England’s first DronePort and aviation campus, to support.
AeroTime
By AeroTime: Chapman Freeborn has appointed Adnan Rahal as Senior Vice President of Business Aviation to support the growth of its global private jet charter services.
Cranky Flier
By Cranky Flier: One thing that’s relatively unique about the US airline industry is that there is good access to data thanks to the government’s filing requirements. This has recently gotten even better as new regulations from the Biden/Buttigieg era have gone into effect.
Reuters
• Joanna Plucinska, Kate Abnett
Paddle Your Own Kanoo
• Mateusz Maszczynski
