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aviation

Frontier, Spirit, and JetBlue challenge beyond-perimeter slot awards at DCA

Frontier, Spirit, and JetBlue challenge beyond-perimeter slot awards at DCA

Frontier, Spirit, and JetBlue Airlines filed objections this week to Transportation’s tentative award of new slots at Washington National Airport (DCA) to American, Delta, Alaska, Southwest, and United. These were included in this year’s FAA reauthorization are exempt from DCA's 1,250-mile perimeter rule. The goal

Lockheed faces $700M delay in F-35 revenue as tech updates drag on

Lockheed faces $700M delay in F-35 revenue as tech updates drag on

Lockheed Martin is facing a $700 million revenue delay due to extended negotiations with the Pentagon over the next two F-35 production lots, impacting its third-quarter earnings. Without a finalized contract, Lockheed continues production using its own funds to support lower-tier suppliers, as reported by Defense One. The leading defense

Boeing scrambles to raise cash, the other B word surfaces

Boeing scrambles to raise cash, the other B word surfaces

As reported across general media, Boeing plans to raise up to $25 billion through debt or equity over the next three years, including securing a $10 billion credit line, to counter growing costs from a strike by 33,000 machinists, which has halted most commercial aircraft production in the Seattle

Pace CrowdStrike, Delta reports strong Q3 earnings

Pace CrowdStrike, Delta reports strong Q3 earnings

Delta Air Lines reported strong financial results for Q3 2024, with $15.7 billion in revenue and a pre-tax income of $1.6 billion, achieving a 10% pre-tax margin. The airline generated $1.3 billion in operating cash flow, while reducing debt to $17.7 billion. CEO Ed Bastian credited

Boeing plans to cut 10% of workforce, further delay 777X, amid ongoing strike

Boeing plans to cut 10% of workforce, further delay 777X, amid ongoing strike

Boeing's new CEO, Kelly Ortberg, has announced plans to cut 17,000 jobs, approximately 10% of its workforce, in a bid to restructure the company and reduce costs, according to the New York Times. The decision comes as Boeing grapples with ongoing production issues and a costly strike

United goes big for summer 2024; MSP gets a new international destination

United goes big for summer 2024; MSP gets a new international destination

United Airlines is shaking up its 2025 international route network with bold expansions from its Newark and Tokyo Narita hubs, as noted by Cranky Flier. From United’s Newark fortress, the carrier adds five new summer seasonal routes to hard-to-reach destinations, including Bilbao, Faro, Madeira, Nuuk, and Palermo. These locations

U.S. airlines largely on-time in September 2024

U.S. airlines largely on-time in September 2024

As tipped by View from the Wing, U.S. airlines saw a significant improvement in on-time performance in September, with Delta leading with nearly 88% of its flights on schedule, according to Cirium data. United Airlines followed closely, with Southwest and American Airlines rounding out the top four. Even JetBlue