Aviation results: European carriers EasyJet and Jet2 fly to new heights, while Airbus prepares to overtake Boeing as headwinds continue [Fortune]
EASYJET PLC S/ADR (ESYJY)
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Source: Fortune
seen a significant boost in travelers over the last several months. It's also an exciting time for the industry's biggest players as they gear up for the critical summer season. Elsewhere, airplane makers like Boeing and Airbus must tussle with shifting dynamics following a 737 Max jet accident that saw a panel flying off mid-air. With a bumper week of earnings dropping, we took a look at how the travel sector's most prominent players are faring and the outlook for the rest of 2024. Talk of Boeing's widely publicized failures left many analysts predicting significant headwinds for the first quarter. But it beat analysts' expectations , with a revenue of $16.6 billion, bringing losses down from $425 million to $355 million. Still, Boeing's problems are far from over. Its revenue dropped for the first time in seven quarters, as did its deliveries for the first three months of the year. The Seattle-based plane maker has also had massive costs looming over it, which will likely be
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- Aviation results: European carriers EasyJet and Jet2 fly to new heights, while Airbus prepares to overtake Boeing as headwinds continue [Yahoo! Finance]Yahoo! Finance
- The summer's looking bright for budget airline easyJet as bookings grow, losses narrow and its Israel service is repurposed [Fortune]Fortune
- EasyJet Summer Bookings Build; Airline Redeploys Israel Service [BNN Bloomberg (Canada)]BNN Bloomberg
- Flights cancelled in parts of UK, power outages in Ireland due to storm [Reuters]Reuters