Pratt & Whitney (P&W) reported Q1 2024 sales of $6.456bn, up 23% year-on-year, as the GTF engine manufacturer continues to address manufacturing issues with its PW1100G GTF (geared turbofan) powerplan...
ZeroAvia will be offering some of its ‘key components designed for its hydrogen-electric engines’ to other clean aviation innovators, allowing the company to ‘build upon [its] multi-billion dollar per...
Textron Aviation has delivered the first two out of up to 64 multi-engine training system (METS) Beechcraft King Air 260 aircraft contracted by Naval Air Systems Command (NAVAIR). ""The T-54A benef...
Electric aviation motor manufacturer for electric aircraft magniX has signed a letter of intent (LOI) with Harbour Air for the purchase of 50 magni650 electric engines. In December 2019, the two co...
JetBlue has recorded a $716 million net loss in its first quarter 2024 results, down further from its first quarter 2023 net loss of $192 million. Its first quarter operating revenues were down 5.1...
Low-cost carrier Volaris achieved net profitability for the first quarter of 2024 with a net income of $33 million, the first time the carrier has recorded a net profit in the first quarter since 2019...
LanzaJet has received an investment from Microsoft’s Climate Innovation Fund, enabling the sustainable fuel producer and technology company to ‘continue building its capability and capacity to deploy ...
Jeffrey Knittel is retiring as chairman and chief executive officer of Airbus Americas from June 3, 2024, after serving the position since 2018. Though, he will remain at Airbus through a transition p...
Members of Airbus Canada Internationale Association of Machinist and Aerospace Workers (IAMAW) Local Lodge 712 have rejected a ‘proposed tentative agreement’, the third offer to be rejected in a serie...
Embraer’s delivery backlog has reached its highest level for the last seven years, the Brazilian aircraft manufacturer has revealed in its backlog and deliveries Q1 2024 report, highlighting that deli...
Canadian airline WestJet has purchased the first sustainable aviation fuel (SAF) supplied in the country by Shell Aviation, with the fuel available via blockchain-powered digital book-and-claim system...
Global Jet Capital has closed its BJETS 2024-1 asset based securitisation (ABS), raising approximately $575 million. BJETS 2024-1 is Global Jet Capital’s seventh ABS, bringing total assets securitised...
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