AGP Executive Report
Last update: 12 hours agoBoeing: The company narrowed its third-quarter loss, but its 737 output will stay at 47 jets a month into next year, with an increase to 52 delayed until the second half of 2027. Shares slid as investors weighed slow deliveries and rising costs. JetBlue: CEO Joanna Geraghty says the airline is not negotiating with creditors or considering debt restructuring, seeking to reassure investors after a bond selloff. Cyclone Arnab: India suspended operations at Visakhapatnam, Vijayawada and Rajahmundry airports as the storm approached, with cancellations and delays expected across the region. Airport shifts: Akasa Air will move Mumbai–Jeddah flights to Navi Mumbai from December, as airlines begin a phased transition to the new airport. Safety: A European survey found 76.8% of pilots had experienced cockpit microsleeps in the previous four weeks. Separately, a United flight returned to Las Vegas after a passenger allegedly texted threats to hijack the aircraft; the passenger was arrested. Fares: Thanksgiving airfares were up 31% year over year in August, while bookings fell 1.6%, as higher fuel costs keep pressure on ticket prices.
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