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...Minneapolis-based Castlelake is a specialist lender with a focus on aircraft leasing, providing financing for large airlines including United Airlines and Turkish Airlines that is secured against their planes...
...“We’re going to be in better shape than the rest of our competitors,” CEO Robert Isom said....
...The airline industry is largely united in opposition to the rule....
...United Airlines blamed Boeing for a first-quarter loss, saying its results suffered from the grounding of the 737 Max 9 fleet after a door panel blew off during an Alaska Airlines flight three months ago...
...The unrest in the Middle East also depressed Turkish Airlines’ ability to fill seats in late 2023, the airline said....
...United Airlines is the first US airline to resume flights to Israel, after they were suspended last fall following the outbreak of war....
...By contrast, rival United Airlines is asking its pilots to take unpaid time off because of the plane shortage....
...His comments follow strong words from bosses at rivals United Airlines and Alaska Airlines....
...United Airlines is the first US airline to resume flights to Israel, after they were suspended from the route following the outbreak of war in October last year....
...United Airlines and Alaska Airlines have found loose parts on some grounded 737 Maxes, threatening to widen Boeing’s problems after a single plane suffered a mid-air blowout on Friday....
...Travel groups performed particularly well after United Airlines forecast stronger-than-expected earnings for the current quarter....
...in history” in late December....
...United Airlines said it has found bolts that need tightening on doors located on some of the 737 Max jets that have been grounded since a mid-air blowout on a similar jet three days ago....
..., United Airlines, Delta Air Lines and Southwest Airlines, which together control about 80 per cent of the market....
...Travel chaos roiled the world’s busiest international airport in Dubai for a third day, after a record-breaking storm which hit the United Arab Emirates caused the cancellation of more than 1,000 flights...
...According to Boeing data, more than 500 of the 737-900ER models have been delivered to airlines globally. Leading operators include United Airlines, Alaska Airlines and Delta Air Lines....
...In the intervening two years, the US airline industry has suffered from the plateauing of the post-pandemic travel surge....
...The biggest operators are United Airlines and Alaska Airlines in the US, Turkish Airlines and Copa Airlines of Panama. Copa said it had temporarily suspended flights of 21 Boeing 737 Max 9 jets....
...The second chart shows the share price of Hawaiian Holdings — the parent of Hawaiian Airlines....
...The fifth-largest airline in the US has struck a deal to buy smaller rival Hawaiian Airlines — for $1.9bn, including debt....
...Some airline bosses, including at United Airlines and Emirates, have been harsher in their criticism as frustration among Boeing customers grows....
...Still, Delaware, Inc is going to have to decide whether its brand should be based on being an even-handed, dispassionate system or something more corporate-friendly, designed to keep up in a regulatory race...
...So that grounding has impacted in particular two US airlines — United Airlines and Alaska Airlines. So Alaska said that the grounding of the Max 9s would cost the carrier about $150mn....
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