JetBlue improves third-quarter guidance after strong summer
September 05, 2025
JetBlue Airways has revised its third-quarter revenue guidance to reflect strong demand over the summer. The US carrier had previously expected its operating revenue per available seat mile for the quarter to be down 2-6% year on year but now estimates it will drop by a smaller 1.5-4%. It now expects capacity to be either flat or up 1% versus the third quarter of 2024, compared with its previous forecast that capacity would range between a drop of 1% and an increase of 2%. "Demand for air travel remained strong throughout the summer peak," says JetBlue in a US Securities and Exchange Commission filing. "Momentum from earlier in the summer carried forward into August and through the Labor Day holiday, both of which were marked by strength for bookings within 14 days of travel. "As JetBlue continues to focus on improving reliability, strong operational performance in August contributed to better-than-expected revenue performance." Looking ahead to the fourth quarter, the carrier says it "remains encouraged that current trends may carry forward through year-end". JetBlue expects to pay less for fuel in the third quarter than it had previously estimated and says its capital expenditures will be about $325 million – down from its earlier estimate of $375 million.
Spirit approved to keep operating during second restructuring
September 04, 2025
Spirit Airlines has received US court approval to continue operations while it undergoes its second Chapter 11 bankruptcy restructuring in less than a year. The Florida-based carrier again filed for Chapter 11 in the US Bankruptcy Court for the Southern District of New York on 29 August. It followed a November 2024 restructuring process from which the carrier emerged on 12 March. In a 3 September filing with the US Securities and Exchange Commission filing, Spirit says the court has approved the first-day motions related to its most recent Chapter 11 filing, enabling it to continue operating as normal. "We are pleased to have reached this first milestone in our restructuring process, which will support normal operations as we take decisive action to ensure that Spirit continues delivering the best value in the sky for years to come," states Spirit president and chief executive Dave Davis. "With these approvals in place and access to many new tools now available to us, we can continue to implement our transformation to build a stronger foundation and future for Spirit." The airline notes that it is in "ongoing, productive discussions" with its secured bondholders and revolving lenders, adding that "while the company currently has sufficient liquidity to fund its operations, it continues working productively with its secured noteholders and other stakeholders, including with respect to potential financing that may become necessary". Spirit is in dispute with lessor AerCap, which has written to the carrier alleging that it is in default on 36 undelivered Airbus A320neo-family aircraft – an assertion with which Spirit disagrees. The airline has also disclosed that its shares are being delisted from the New York Stock Exchange. They are set to trade instead on an over-the-counter market. The NYSE took similar action in November 2024 following Spirit's initial Chapter 11 filing.
Embraer gains South African E2 approval
September 04, 2025
The South African Civil Aviation Authority (SACAA) has certified Embraer 190-E2 and 195-E2 variants for operation in the country. The certification comes as South Africa's E-Jet launch operator Airlink prepares to take delivery of its first E2s later this year. In June, Airlink agreed to lease 10 new E195-E2s from Azorra. Embraer says the certification "opens new opportunities" for the E190-E2 and E195-E2, which promise to deliver 17.3% and 29% better fuel efficiency, respectively, than previous-generation E-Jets. The E2's Pratt & Whitney PW1900G engines were certificated in parallel with the aircraft by the SACAA. "South Africa's type acceptance of the latest generation Embraer 195-E2 and its Pratt & Whitney engines by the SACAA are important milestones as we prepare to receive and take them into service," states Airlink chief executive Villiers Engelbrecht. "The E2's additional capacity and range will let Airlink respond to increased demand on some of our most popular routes and extend our destination network so that we can provide convenient connections for customers in new markets," he adds.