Volaris swings to profit in third quarter
Mexican low-cost airline Volaris reported a net profit of $37 million in its third quarter 2024 results, swinging from a net loss of $39 million in last year's third quarter. This comes despite a 4.1%...
Mexican low-cost airline Volaris reported a net profit of $37 million in its third quarter 2024 results, swinging from a net loss of $39 million in last year's third quarter. This comes despite a 4.1%...
Calumet subsidiary Montana Renewables has been awarded a conditional commitment for a loan guarantee of up to $1.44bn from the US Department of Energy (DOE). The funding will be used for the construct...
GE Aerospace has reported strong third-quarter results on October 22, 2024, with the company raising its full-year guidance following strong revenue growth and a rise in orders. The engine supplier re...
RTX reported a net income of $1.5bn in the third quarter of 2024, swinging from last year's third quarter loss of $984 million. The company recorded $20.1bn in sales, up 49% from the same period last ...
Aircastle chief legal officer Christopher Beers will retire, effective February 28, 2025. Beers will continue as a senior advisor to the company for up to a year to help manage the Russian insurance c...
Embraer's eVTOL company Eve Air Mobility launched its fully integrated aftermarket services portfolio for urban air mobility (UAM) operations. The company said the solution will ensure these operation...
Alaska Air Group expects third quarter 2024 results to be on “the better end of a previously guided EPS range," it said in a stock filing on October 21, 2024. The company said it expects to “report th...
Spirit Airlines’ stock surged over 60% in pre-market trading after it revealed it had borrowed the entire amount of its $300 million revolving credit facility in a stock filing published on October 18...
Embraer delivered a total of 57 aircraft during the third financial quarter of the year, an increase of 33% when compared to the same period of last year and an increase of 24% in comparison to the pr...
As the machinist strike at Boeing pushes beyond a month, the US-based OEM has made its third offer: a 35% general wage increase over the four-year contract. The striking workers’ representative IAM Un...
Aviation Capital Group (ACG) closed a $1bn unsecured facility.The facility is comprised of a $500 million term loan facility and a $500 million revolving credit facility and was syndicated to 23 lende...
Azorra has closed an offering of $550 million of senior unsecured notes and entered into a $464 million Term Loan B facility.The lessor issued $550 million 7.750% senior unsecured notes due 2030. The ...
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