Boeing shares climbed after the company’s chief financial officer Brian West said the company was approved for the second flight testing phase of the 777X on March 19, 2025.“We feel pretty good about ...
Japan Airlines (JAL) will purchase an additional 17 737 MAX 8 aircraft from Boeing, building on an original order of 21 MAX 8 jets that was placed with the manufacturer in March 2023. This latest acqu...
Frontier Airlines is offering free bags for customers over the summer, it said on March 18, 2025. The promotion — running from May 28 through August 18 — follows Southwest announcing earlier this mont...
Air Lease Corporation (ALC) executive chairman Steven Udvar-Hazy will retire on May 2, 2025, leaving behind a lasting legacy as the pioneer of the aviation leasing industry. Udvar-Hazy — who founded A...
Spirit Airlines has emerged from its financial restructuring on March 12, 2025, reducing its debt by around $795 million. Spirit confirmed it will be moving ahead with its premium offerings, supported...
Cyprus Airways may take legal action against engine manufacturer Pratt & Whitney if an agreement is not reached soon regarding the prolonged grounding of its A220 fleet due to the geared turbofan (GTF...
Delta Air Lines cut its first quarter revenue guidance on March 10, 2025, driven by a softness in domestic demand. Revenues for the March-ending quarter are expected to be up 3-4% compared to first qu...
Lufthansa Group’s core business Lufthansa Airlines reported “very disappointing results” with EBIT going from a positive €866 million to a negative €116 million in 2024. The airline’s revenues were up...
Air France-KLM swung to profit in 2024 with net earnings totalling €489 million in the full year, up €501 million. Fourth quarter net losses totalled €21 million, improving €210 million compared to fo...
Spirit AeroSystems said it will need funding to continue operations after reporting a net loss of $577 million in the fourth quarter of 2024, down from its $75 million net profit in the fourth quarter...
Rolls-Royce’s civil aerospace segment reported a gross profit of £2bn in 2024, up 44% on 2023, the company reported on February 27, 2025. Revenues were up 24% to £9bn.The civil aerospace segment impro...
AerCap, the world’s largest aircraft lessor, has continued to make strong gains on asset sales throughout 2024 as the supply of new aircraft remains constrained. Chief executive of AerCap, Aengus Kell...
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