ARC NEWS
Delta foresees significant year-on-year revenue growth in 2023
December 15, 2022
Delta Air Lines expects that its 2023 revenue will be 15-20% higher than this year's. "Demand for air travel remains robust as we exit the year, and Delta's momentum is building," states chief executive Ed Bastian. The US carrier has also adjusted its revenue forecast for 2022's fourth quarter, to a 7-8% increase versus the pre-pandemic fourth quarter of 2019 from a previous 5-9%. Atlanta-based Delta generated $14 billion in operating revenue in the third quarter, up 11% compared with the same period three years ago, despite reducing capacity 17%. The US major expects to fully restore its network to pre-pandemic levels in 2023, and foresees a 5-7% reduction in non-fuel unit expenses.


Embraer uncertain about turboprop programme in 2023
December 15, 2022
Regional jet manufacturer Embraer is still sitting on the fence about whether to go ahead with a new-generation regional turboprop but argues that strong demand exists for such an aircraft and will keep working with potential suppliers. The company says on 14 December it has postponed some supplier decisions to allow more time to reach targets on “performance, maintenance, and sustainability”. During an interview in October, Embraer advised it would decide by the end of 2022 whether to progress from the “advanced design stage to detailed design” for the new aircraft by the second quarter of 2023. “Market studies and discussions with airlines shows strong demand exists globally for an advanced, next generation, turboprop aircraft,” the Brazilian airframer says on 14 December. “As of today, the options available from a few suppliers are not yet there with respect to all targets. Embraer has decided to postpone the decision on whether to go ahead with a next-generation turboprop aircraft but will work closely with potential suppliers during the course of 2023 to secure the business the program requires.” The demand for a new aircraft, in October, stems in part from ATR having a “de facto monopoly” in regional turboprop manufacturing following the sale by Bombardier to De Havilland Canada of its Dash 8-400 programme and the subsequent halt in production. A new turboprop built by Embraer would focus on gas turbines, so the aircraft could have 90 seats with a range of 800nm. Battery-powered propeller planes cannot yet match that. “We are going for new-generation propulsion with some fuel savings,” “The fuel burn of competing aircraft is driven by old technology.” Embraer targets certification of a new turboprop aircraft by 2028, depending on when development begins.


United adds 100 787s and 100 Max jets to firm backlog
December 14, 2022
United Airlines has ordered another 100 Boeing 787s and 100 more 737 Max jets. The narrowbody portion of the order includes the exercising of 44 options which the US carrier had under a previous Max deal, Boeing notes. It says that in addition to ordering 100 Dreamliners, meanwhile, United has taken options on a further 100. Data shows United's backlog with Boeing includes 236 orders for the in-development Max 10 plus orders for 40 Max 8s, four Max 9s and 62 Max jets of an unspecified model. Some 27 Max 8s and 42 Max 9s have been delivered to the US carrier. United's widebody fleet, meanwhile, includes 12 787-8s, 38 787-9s and 16 787-10s. Before the new deal, United already had four 787-10s on order and options on 10 787-8s. Boeing notes that the commitment from United for a further 100 787s represents the manufacturer's largest order for the long-haul twinjet family. United's existing 787s are fitted with GE Aerospace GEnx-1B engines, while the 737 Max is exclusively powered by CFM International Leap-1B engines. The airline's chief executive Scott Kirby asserts that it "emerged from the pandemic as the world's leading global airline and the flag carrier of the United States". He states: "This order further solidifies our lead and creates new opportunities for our customers, employees and shareholders by accelerating our plan to connect more people to more places around the globe and deliver the best experience in the sky."


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