CFM56 engines, modules, and material supplier FTAI Aviation reported total revenues of $326.7 million in the first quarter of 2024, up from $292.7 million year-on-year (YoY). Its net income was $39.6 ...
Gama Aviation has delisted from the London Stock Exchange (LSE) and has proposed a tender offer of £32.6 million (approximately $40.9 million) return of capital to shareholders. The company said the d...
Fitch Ratings has revised its stable rating for Boeing to negative following the company grapples with its cash flow and production issues in the wake of the company's safety crisis that came to light...
Embraer will invest approximately $390 million throughout the remainder of the year. The announcement was made during President of Brazil Luiz Inacio Lula da Silva's visit to the company's headquarter...
Safran has reported a rise in revenue of €6.2bn ($6.55bn) for the full year 2023, with “double-digit revenue growth in all business and civil aftermarket benefitting from the continued good dynamics i...
Airbus has reported a Q1 2024 revenue of €12.8 bn ($13.74) amid “the backdrop of an operating environment that shows no sign of improvement,” highlighted CEO Guillaume Fairy, detailing that the French...
Bombardier’s first quarter earnings report has revealed its revenues were down 12% YoY to $1.3bn and its net income for the quarter was down from $302 million in 2023’s first quarter to $110 million i...
General Electric (GE) Aerospace's consolidated earnings report for the first quarter of 2024 revealed a total adjusted revenue of $15.2bn, up 10% year-on-year (YoY). The earnings include the operation...
Despite recording a lower than potential 2024 first-quarter net loss of $355 million (compared to $388 million last year) and an increased Q1 order backlog of $448bn, Boeing remains confident that imp...
MTU Aero Engines has successfully placed a €300 million ($320.7 million) promissory note, increasing the original issue volume from €200 million ($213.8 million) after it saw high demand. ""We are ...
The Kroll Bond Rating Agency (KBRA) has affirmed the A- rating of aircraft lessor and asset manager Falko Regional Aircraft's regional 2021-1 ABS series A loans. Regional 2021-1 is Falko’s inaugura...
Despite registering an operating loss of -€17.2 million ($18.37 million) in the first quarter of 2024, Finnair is looking to increase its total capacity by more than 10% during the year, including uti...
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