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A view of Boeing's facilities at Boeing Field in King County, Washington. (Photo: AirlineGeeks | Katie Bailey)

Boeing Reports First Profit Since 2019 In Quarter 2 Earnings

On Wednesday, July 28, aircraft manufacturer Boeing held its second quarter earnings call for 2021, posting its first profit in nearly two years. This comes at a time when the industry recovery trend continues to accelerate forward following less travel restrictions, leading to more servable routes. Boeing’s $567 million profit comes as a surprise to analysts, but can be attributed to the company's growth from previous years in all segments; Commercial, Defense, Space & Security and Global Services. The success…

Bombardier Posts Mixed 2020 Results, Announces Learjet Retirement

Bombardier continued its quest for stabilization following a difficult 2020, announcing numerous changes across the company as it seeks to achieve profitability. The most recent casualty will be the Wichita-based Learjet, which will cease production in the fourth quarter of 2021. Asset Disposals Generated Much-Needed Cash Bombardier’s recent asset disposals…

Southwest Looks to Network Diversification in Third Quarter Results

On Oct. 22 Southwest Airlines announced the company’s third-quarter financial results. As expected the airline posted a large loss and continues a high level of daily cash burn as the industry continues to navigate the effects of the Covid-19 pandemic. The airline also announced a change to the passenger experience…