US airlines' profit up $6bn in 2023
US airlines gained $7.8bn in profit in 2023, up $6.3bn from 2022's $1.6bn net profit. However, the data from the US Bureau of Transportation Statistics showed that the total net profit was still shy o...
US airlines gained $7.8bn in profit in 2023, up $6.3bn from 2022's $1.6bn net profit. However, the data from the US Bureau of Transportation Statistics showed that the total net profit was still shy o...
Textron Aviation's Cessna SkyCourier twin-engine passenger variant turboprop aircraft has received certification for its new combi interior conversion option from the Federal Aviation Administration (...
Engine lessor Aquila Air Capital has successfully executed new financing for $100 million, upsizing its current term loan facility to $200 million. ""This increase will be used to fund future inves...
Leasing company Willis Lease Finance Corporation (WLFC) has declared a one-time special dividend of $1.00 per share on WLFC's common stock. It is the first time the company has declared a cash dividen...
Air travel demand remains strong in the first half of 2024 as indicated by first quarter results posted by the world’s airlines in the past few weeks, with passenger traffic expected to exceed pre-pan...
World Star Aviation has delivered the first 737-400F aircraft to Braspress Transportes Urgentes. ""We're very excited to receive our first aircraft from World Star Aviation. This marks a major step...
Textron Aviation has received supplemental type certification (STC) approval from the Federal Aviation Administration's fully integrated Future Air Navigation System (FANS) and Protected Mode Controll...
Volato Group has appointed Luis Garcia as executive vice president (EVP) of sales. “We are pleased to welcome Luis to the Volato team,"" said Matt Liotta, CEO of Volato. ""His track record of su...
DHL Supply Chain has partnered with Levu Air Cargo to launch a domestic air transport solution for cargo in Brazil. The project, which will receive an investment of €90.5 million ($98 million), inc...
The US Federal Aviation Authority (FAA) has said, despite United Airlines sending a memo to staff saying they had gotten ""good news"" regarding its certification activities, that ""it has not approve...
Alaska Airlines is flying a new daily, nonstop flight between Seattle and Toronto Pearson International Airport, the sixth Canadian city the airline now serves. “There are so many opportunities wit...
Azorra has delivered its first Airbus A220-300 from its firm orderbook of 22 to Breeze Airways. The new A220 from Azorra marks the 24th A220 to join Breeze’s fleet and the first to be assembled at ...
We're Social