The 737 MAX grounding will push Southwest Airlines out of Newark. The carrier needs its aircraft in more profitable markets as it shrinks its operations this year.
737 MAX
PaxEx Update: 19 July 2019
United Airlines has new seating plans for its 787s, EgyptAir has a sleek looking new A220 and OneWeb has connectivity in space. Plus a big financial hit for Boeing and a soft-launch for IAG.
MAX, XLR and NMA: United addresses future fleet flexibility fundamentals
On the heels of its strongest second quarter results since the 2010 merger United Airlines found itself facing tough questions from investors about future fleet plans. There’s a decent chance neither the NMA nor XLR figure into the company’s needs for the next decade, given other options available.
Bjørn Kjos retires as CEO of Norwegian
Call it the end of an era. After 17 years in the role Bjørn Kjos, the CEO of Norwegian, will step down from the role with immediate effect.
Air Canada, Transat finalize merger plans
Air Canada’s plans to acquire Air Transat moved forward this week, with the two companies announcing conclusion of a definitive agreement for their combination.
IAG makes a MAX move in Paris
For roughly 30 hours this week the clouds of gloom and doom hung of Boeing’s chalet at Le Bourget. That all changed this afternoon with a major order for the manufacturer.
Korean Air plans interior overhaul, inflight connectivity service
The next generation of Korean Air’s inflight service will see significant changes from the current product. Inflight wifi and a refreshed cabin seating configuration will fly soon as the company seeks to better meet passenger needs.
Viasat’s inflection point
Massive expansion costs are set to give way to recurring revenue growth. That is the message Viasat delivered as it issued is most recent earnings numbers this week. Even as the company pushes forward with the build-out of its new ViaSat-3 constellation with dramatically more bandwidth and geographic coverage, it hopes to convert the existing capacity into new deals and new subscribers, with a significant push into new inflight connectivity markets, among other areas.
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Highlights from the FAA and NTSB’s Congressional testimony on the 737 MAX grounding
Leaders from the FAA and NTSB were called before Congress to testify today about the 737 MAX grounding and what it will take to get the plane back into the sky. The tone and content from the two witnesses was impressively different. Here are some highlights from the 2.5 hours of hearings.
Global Eagle considers maritime spin-off
Could Global Eagle benefit from divesting its cruise connectivity business? Also, what is the impact of the 737 MAX grounding and who might the big new customer announced this week be? Lots of juicy insight from the Q1 earnings out this week.