Peloton, off its pandemic popularity peak, tries to cost-cut its way to profits with layoffs. CEO out. Gabrielle T. Fonrouge has details cnbc.com/2024/05/02/pel…

AerCap analyst call themes compiled by FactSet or new Taylor Swift tracks? $AER

This day in Aviation History.....

May 1, 1981

A non-rev nightmare.....

American Airlines launches AAdvantage, the first frequent flyer program in history.

'Delayed aircraft, delayed seats, delayed engines, unplanned engine overhauls,' etc., continue to bite at Lufthansa, said Group CEO Carsten Spohr on Tuesday.

The group has lowered its full year 2024 capacity forecast by 2 pts to ~92% of 2019 levels.

CEO Bob Backish out at Paramount, Lillian Rizzo reports cnbc.com/2024/04/29/par…

There's been a lot of talk this week about the US DOT requiring airlines to refund passengers if their flights are 'significantly delayed.' And that's true. But *only* if the traveler decides to not take the trip as a result. You can't get both.

#PaxEx

It's not just Boeing causing aviation havoc. This is the best explanation of the Pratt & Whitney GTF engine mess that have hamstrung Spirit, JetBlue and others: From: Jon Ostrower Brett Snyder Brian Sumers podcasts.apple.com/us/podcast/air…

Southwest says it is NOT going to charge for checked bags bc passengers choose it in large part bc it doesn’t charge.

My paramedic program is in the middle of cardiology, and I'm seeing ECG tracings everywhere I look during the day and in my sleep.

So, because I haven't posted anything stupid in a while, gonna combine my day job and side gig:

Airline stock charts as ECG rhythms. 🧵

Southwest first class? Maybe not exactly but the airline is studying big changes to its single-class cabin and lack of assigned seats, CEO Bob Jordan says. cnbc.com/2024/04/25/sou…

US econ growth might be slowing but who is giving up their vacation? Airline execs at United and Delta are seeing record demand for this summer. cnbc.com/2024/04/17/air…

Boeing has taken responsibility of the 737 Max 9 that flew Alaska flight 1282, a plane that the airline has no desire to ever fly again, reports Jon Ostrower. #staycurrent theaircurrent.com/feed/dispatche…

Southwest cuts growth plan again, says Boeing's delivery delays will have impacts into next year, halves new 737 Max expectations this year, cutting costs with voluntary time-off programs, shutting ops at some airports. $LUV $BA cnbc.com/2024/04/25/sou…

Chipotle profits top expectations as customers swallow higher menu prices and keep ordering more Amelia Lucas reports cnbc.com/2024/04/24/chi…

“Calhoun reiterated that 737 Max production has dropped below 38 per month”, doesn’t say how low though? Cirium data confirms around 12 new aircraft rolled out and flown on average per month in Feb and Mar, so I’d say that’s how low, hard to see more than 400 dels this year now

Rate, rate, don't tell me: Boeing says Max production will stay below 38 a month through first half of the year. CEO says FAA-mandated improvement plan in 90 days (~60 now), won't mean a sudden rate increase.

CEO Calhoun tells Phil LeBeau that a deal in 2Q with Spirit Aerosystems is 'more than likely' though Spirit working with non-Boeing customers (Airbus). 'We're going to be patient and let them get their job done with their respective customers and we'll get a deal done'

Boeing burns through $4 billion, slows 737 Max production in another 'working on it' quarter. cnbc.com/2024/04/24/boe…

Walmart wants to hook customers on buy now/pay later platform Hugh Son Melissa Repko report. $WMT cnbc.com/2024/04/23/wal…

West Coast biz travel, esp from tech, is coming back CEO says. 'I think this train is going to continue...in the rest of the year and into 2025'