Acumen Aviation Newsletters:
China Aviation Industry Newsletter: https://tinyurl.com/3pju9dh4
India Aviation Industry Newsletter: https://tinyurl.com/4pxzabmc
Irish Aircraft Leasing Newsletter: https://tinyurl.com/yyystey4
Irish Commercial Aircraft Update: https://tinyurl.com/3tr2cvj8
North American Aviation Newsletter: https://tinyurl.com/bdw7ewpu
Irish Aviation Research Institute Blog Posts:
Bamboo Airways Embraer 190LR Ferries to Ireland West Airport:
https://tinyurl.com/bddyb72z
Take off for Pegasus new route Dublin to Ankara: https://tinyurl.com/2mz6amrw
2Excel Aviation forms an Irish subsidiary: https://tinyurl.com/4pdyxx77
Aircraft Update:
N751AL Boeing 757-2Q8 c/n 28167 Galactic Holdings Air Test at San Antonio 22/06/24 ex EI-LBR.
VP-CRQ Airbus A330-343 c/n 1060 Aergo Capital Ferried to Teruel 16/07/24.
Global Aviation News:
FedEx picks Swiftair as 5th CMI operator for ATR 72-600Fs
Read more: https://cargofacts.com/allposts/air-express/fedex-picks-swiftair-as-5th-cmi-operator-for-atr-72-600fs/
GE Aerospace Investing $1 Billion to Expand and Upgrade MRO Facilities Worldwide
Read more: https://newsroom.aviator.aero/ge-aerospace-investing-1-billion-to-expand-and-upgrade-mro-facilities-worldwide/
Haite Tianjin begins 2nd A320 family P2F line
Read more: https://cargofacts.com/allposts/freighter-conversions/haite-tianjin-begins-2nd-a320-family-p2f-line/
Mammoth Freighters Inducts First 777-200LR for Conversion at STS Manchester
Read more: https://newsroom.aviator.aero/mammoth-freighters-inducts-first-777-200lr-for-conversion-at-sts-manchester/
Saudia Group Signs Industry-Leading Sales Agreement With Lilium to Acquire Up to 100 eVTOL Jets
Read more: https://newsroom.aviator.aero/saudia-group-signs-industry-leading-sales-agreement-with-lilium-to-acquire-up-to-100-evtol-jets/
Irish Aviation News:
Minister Lawless announces outcome of the Mid-term Review of the Regional Airports Programme during visit to Shannon Airport
Read more: https://www.gov.ie/en/press-release/4c600-minister-lawless-announces-outcome-of-the-mid-term-review-of-the-regional-airports-programme/
Pre-tax profits at Sunway increase by 14pc to €1m
Read more: https://www.travelextra.ie/pre-tax-profits-at-sunway-increase-by-14pc-to-e1m/
Quality is guaranteed – Eirtrade Aviation Senior Key Account Manager, Peter Murray, gives exclusive insights on USM market
Read more: https://eirtradeaviation.com/news/quality-is-guaranteed-eirtrades-senior-key-account-manager-gives-exclusive-insights-on-usm-market/
Ryanair share price drops 12.5pc after 46pc drop in Q1 profits
Read more: https://www.travelextra.ie/ryanair-share-price-drops-12-5pc-after-46pc-drop-in-q1-profits/
Shannon Airport CEO Tells Minister Facility Is “Underutilised”
Read more: https://www.clare.fm/news/shannon-airport-ceo-tells-minister-facility-underutilised/
Tweet Picks:
@airlinewriter And TD Cowen downgrades @AmericanAir to Hold from Buy, citing concern over “aggressive discounting this summer,” risk to second-half revenue trends. Analyst says $AAL needs “significant investments to close the gap” with $DAL and $UAL; paying down debt could suffer.
@airlinewriter Deutsche Bank analysts report “a growing gap” between airline haves and have-nots. They say $DAL $UAL $AAL $SNCY and $ALK should maintain or expand on returns that exceed their cost of capital, but only $SKYW among the other publicly traded airlines will do so in 2024.
@airlinewriter TD Cowen downgrades $SAVE to Sell from Hold. “We do not forecast a quarterly operating profit until summer 2026.” @SpiritAirlines is negotiating with creditors over upcoming payments, and new lead airlines analyst says it could end in a prepackaged bankruptcy filing.
@airlinewriter The @Delta CEO says other airlines need to control capacity to end a glut of seats that’s holding down prices. Higher costs and low base fares sent $DAL’s 2Q profit down 29%, and it offered a relatively weak 3Q outlook.
Video Picks:
Airport Sector Is In A Sweet Spot And There Is Clarity In Policy: GMR Group
https://www.youtube.com/watch?v=UYAZfm49MSY
Airline weakness shows consumer weakness at its best, says Jefferies’ Sheila Kahyaoglu
https://www.youtube.com/watch?v=HnTfbQr86rY
Alaska Airlines ‘well positioned’ despite Q2 revenue miss, says CEO Ben Minicucci
https://www.youtube.com/watch?v=3ZyuTc8aDhA
