In-seat screens are not coming back to American Airlines’ single-aisle fleet. The company doubled down on its decision to focus on streaming entertainment on board in the wake of United Airlines’ about face on the issue, citing technical and ecological reasons.
earnings call
Boeing delays 777X deliveries to 2023
The Boeing 777X promises to be a game-changing long-haul aircraft when it enters commercial service. Alas, airlines and passengers must wait three more years before that comes to pass.
Gogo sees strong BizAv driving recovery
The business aviation segment shows strong signs of recovery, leading inflight connectivity provider Gogo to a certain amount of optimism as it reports Q3 earnings. The company still lost money in the quarter, but with the private jet market rebounding and demand for wifi on board holding strong, CEO Oakleigh Thorne sees an “encouraging, continued service recovery” on the horizon.
Stagnation displaces Astronics’ recovery resurgence hope
The summer looked good for Astronics. The company saw green shoots of a recovery and was ready to resume its production of components for aircraft manufacturers and interiors suppliers. But as the summer came to a close so did that hope of a quick return to 2019 levels of production. And with the 737 MAX still grounded the company finds itself in what CEO Peter Gundermann describes as a “pretty tough” place.
Allegiant ditches advertising, improves conversions
As part of its cost-cutting efforts discount carrier Allegiant slashed its marketing budget in recent months. But conversion rates are up, and the company decided to make some of the cuts permanent as it thinks it found a better way to sell seats.
AirAsia pivots away from its airline roots
“We have successfully pivoted from an airline to an all-in-one digital lifestyle company anchored on travel.” This was the key message delivered by AirAsia Group CEO Tony Fernandes as part of the company’s Q2 financial results that showed a 96% drop in quarterly revenue. Airline-related revenue dropped 98% while non-airline revenue, a much smaller portion of the company’s operations, dipped only 55%.
Gogo execs to score big bonus payouts for CA sale
The 2020 bonus plans at Gogo will look a bit different than in prior years. A handful of executives are in line for a big score thanks to the planned sale of the Commercial Aviation segment, while regular employees now have a new target to realize their annual reward.
Global Eagle’s connectivity business shines as content falters
Global Eagle quietly released its Q2 2020 earnings last Friday and the numbers are bad. But, in at least one context, not nearly as bad as they could have been. Somehow the company’s global connectivity business segment managed to eke out a positive margin for the quarter.
Astronics still sees opportunity in BizAv IFC market
Astronics is ready to move beyond the AeroSat antenna challenges of years past. In today’s quarterly earnings call CEO Peter Gundermann exuded confidence in the potential for the company’s latest partnership, with SES and Collins Aerospace, for a tail-mount solution to fly on larger biz jets.
Slot swappin’ – How New York operations could shift for American Airlines and JetBlue
When the deal was first announced JetBlue and American Airlines chose to keep quiet about potential slot swaps at New York City’s airports. With some time now passed, however, both sides are sharing more. And – pending regulatory approval – it is clear that they have big plans together.