Textron's revenues fell to $3.6bn in the fourth quarter of 2024, dropping from $3.9bn a year prior. Textron Aviation revenues fell from $1.5bn down to $1.3bn. “While a work stoppage at Textron Aviatio...
GA Telesis has acquired eight PW4000 engines for disassembly and redistribution, the company said on January 22, 2025. “As the global fleet of PW4000-powered aircraft continue to return to service, GA...
RTX's Pratt & Whitney plans to establish a European technology and innovation centre (ETIC) in the Netherlands, the company said on January 22, 2025. The ETIC will be dedicated to advancing technologi...
JetBlue launched its first flights from Manchester-Boston Regional Airport on January 23, 2025. The year-round service will operate three times per week to Orlando International Airport. From January ...
Boeing anticipates a loss of around $4bn and a $5.46 loss per share, the company said in its preliminary fourth quarter results on January 23, 2025. The quarterly loss expected of $5.46 per share is f...
GE Aerospace's sales were up 46% in the fourth quarter of 2024, compared to the same period a year prior, totalling $15.5bn. The company's earnings report on January 23, 2025, also revealed that the e...
American Airlines has reported a record profit during the fourth quarter of 2024, recording a GAAP net income of $590 million, compared to $19 million during the same quarter a year prior. The Texas-b...
Broward Aviation Services has acquired a 737 NG airframe from AerCap for disassembly. The aircraft was previously operated by South Korean operator t'way Air. The disassembly for the vintage 2004 airc...
Tower Arch Capital-backed company LifePort has acquired business jet seating manufacturer PAC Seating. The company will be a wholly owned subsidiary of LifePort. Existing operators Jad Azzi and Hector...
President Donald Trump’s nomination to lead the US Department of Transportation (DOT) has pledged to maintain a cap implemented on Boeing's production of 737 MAX aircraft.The newly inaugurated preside...
Alaska Air Group has posted strong fourth quarter and full year 2024 results on January 22, 2025. The company swung to a net profit of $71 million, or earnings per share (EPS) of 56 cents, in the four...
United Airlines profits soared in the fourth quarter of 2024, climbing 64.2% from the same period a year prior to $985 million, or earnings per share (EPS) of $2.95. Full year net income climbed 20.3%...
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