Melius Research Director of Airlines & Travel Research Conor Cunningham joins Yahoo Finance Live to discuss summer travel disruptions, airline operations and profitability, and the outlook for air travel.
Textron (TXT) is going to supply three T-6C aircraft along with providing ground support equipment, two spare engines, spare parts and personal life support equipment.
Asian aircraft lessor BOC Aviation Ltd said nine aircraft deliveries due in the first half had slipped into later periods because of manufacturer delays related to supply-chain and regulatory issues as well as labour shortages. The lessor said client American Airlines Group Inc had received two Boeing Co 787s this month, the first deliveries globally since May 2021 after the U.S. Federal Aviation Administration approved the resumption of deliveries following production problems. BOC Aviation, which has a fleet of 390 owned planes, expects to receive seven more 787s this year, Chief Operating Officer David Walton told analysts on an earnings call on Thursday evening.