Boeing reports second highest annual net loss
Boeing reported an annual net loss of $11.83bn in 2024, widening significantly from $2.2bn net loss in 2023. The loss marks its second highest annual loss on record – behind its $11.94bn net loss in 2...
The Airbus A321XLR is an extra-long range aircraft capable of flying up to 4,700 nautical miles. The aircraft is a derivative of the A321LR but has a ...
A irlines traditionally avoid operating aircraft from multiple manufacturers: largely relying on a single type fleet. But with the current supply chai...
A irports around the world are congested. At the beginning of this year, the International Air Transport Association (IATA) published data showing glo...
Avolon agreed the acquisition of Castlelake Aviation Limited (CAL) with an 118-strong aircraft portfolio in September 2024. Last year, Avolon was the ...
Boeing reported an annual net loss of $11.83bn in 2024, widening significantly from $2.2bn net loss in 2023. The loss marks its second highest annual loss on record – behind its $11.94bn net loss in 2...
Air Transport Services Group (ATSG) expects revenues of $513 million in the fourth quarter of 2024, slipping from $517 million in the same period last year, the company said in its preliminary results...
S&P Global Ratings completed its review of 15 ratings from four aircraft asset backed securities (ABS) transactions. The agency upgraded 13 and two affirmations on these ratings.“The upgrades primaril...
Comply365 signed a definitive agreement to acquire Aviation Safety & Quality Solutions (ASQS). The acquisition is part of the operational content, safety and training management solutions provider's s...
Aviation Capital Group (ACG) delivered one 737 MAX 9 to United Airlines on January 27, 2025. The aircraft is powered by CFM International LEAP-1B engines. The delivery is the fourth aircraft scheduled...
Dubai Aerospace Enterprise (DAE) signed a definitive agreement with K2 Aviation to sell seven Airbus and Boeing aircraft on lease to six airline customers. The lessor also signed an agreement with K2 ...
Fitch Ratings has upgraded Castlelake Aviation on January 21, 2025, after the recent acquisition by Avolon was finalised last week.The ratings agency upgraded the company to BBB- from BB with a positi...
Philippine Airlines has not exercised the early termination option contained in the lease of one 777-300ER with Singapore lessor Avation. The early termination option has therefore expired. “Avation i...
JetBlue reported a net loss of $795 million for the full year, or a loss per share of $2.30, widening further from $310 million in 2023, or a loss per share of 93 cents. For the fourth quarter, net lo...
Boeing reported an annual net loss of $11.83bn in 2024, widening significantly from $2.2bn net loss in 2023. The loss marks its second highest annual loss on record – behind its $11.94bn net loss in 2...
Dallas based aircraft engine maintenance, repair, and overhaul (MRO) provider BP Aero has obtained UK Civil Aviation Authority (CAA) and Civil Aviation Administration of China (CAAC) certifications.Th...
The US National Transportation Safety Board (NTSB) has launched an investigation into a United Airlines flight operating between Lagos and Washington D.C. on January 24, after sudden aircraft movement...
An Air Busan aircraft caught on fire before departing Gimhae International Airport in Busan on January 28, 2025, Yonhap news agency reported, citing authorities.Early reports from South Korea's Yonhap...
Indian low-cost carrier SpiceJet will begin re-inducting its fleet of grounded 737 MAX aircraft from January 29, 2025. In a statement from the airline, it aims to restore ten aircraft to its operation...
A preliminary crash report has revealed that feathers and blood stains were discovered in both engines of Jeju Air flight 2216, which crashed at Muan International Airport in South Korea on December 2...
AirAsia X (AAX) has reached a mutual agreement with Malaysian investment firm Capital A, to extend the timeline for completing its proposed acquisition of Capital A’s aviation business, which includes...
Germany’s Lufthansa airline group is reportedly in talks to take a minority stake in Spain's Air Europa, according to a report from Spanish media outlet el Economista.The Hidalgo family, which owns 80...
Airbus reported “continued growth” in its helicopter sales in 2024. For the year, the company recorded 450 net orders (455 gross orders), up from 393 net orders (410 gross orders) in 2023. “Airbus Hel...
Airbus has made the decision to terminate its oversized cargo transport business, with operational issues posing too great a challenge. A spokesperson for Airbus said the Beluga Transport (AiBT) busin...
Comply365 signed a definitive agreement to acquire Aviation Safety & Quality Solutions (ASQS). The acquisition is part of the operational content, safety and training management solutions provider's s...
Emirates’ A350 aircraft commenced operations to destinations in India on January 26, 2025.The A350, which is the first new aircraft type to join the carrier’s fleet since 2008, will operate daily flig...
Dubai Aerospace Enterprise (DAE) signed a definitive agreement with K2 Aviation to sell seven Airbus and Boeing aircraft on lease to six airline customers. The lessor also signed an agreement with K2 ...
Riyadh Air has been awarded its operational certificate for its first advanced 787-9 RX7000 full flight simulator on January 27, 2025, as it moves towards launching operations later this year. “This m...
Saudi Arabian low-cost carrier flynas expects to receive approval soon for its initial public offering (IPO), according to local media.CEO of the airline's partial owner, Kingdom Holding, Talal Al Mai...
An Air Busan aircraft caught on fire before departing Gimhae International Airport in Busan on January 28, 2025, Yonhap news agency reported, citing authorities.Early reports from South Korea's Yonhap News Agency reveal that a fire started at the tai...
JetBlue reported a net loss of $795 million for the full year, or a loss per share of $2.30, widening further from $310 million in 2023, or a loss per share of 93 cents. For the fourth quarter, net losses totalled $44 million, or a loss per share of ...
Germany’s Lufthansa airline group is reportedly in talks to take a minority stake in Spain's Air Europa, according to a report from Spanish media outlet el Economista.The Hidalgo family, which owns 80% of the company's capital through its Globalia co...
Indian low-cost carrier SpiceJet will begin re-inducting its fleet of grounded 737 MAX aircraft from January 29, 2025. In a statement from the airline, it aims to restore ten aircraft to its operational fleet by mid-April, including four 737 MAX plan...
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