Brazilian carrier GOL Linhas Aéreas Inteligentes reported a net loss of 830 million Brazilian reals ($142.6 million) for the third quarter of 2024. However, it is a rebound from last year's third quar...
Aviation Capital Group (ACG) reported total revenues of $923.1 million for the third quarter of 2024, up from $893.6 million in the same period last year. Net profit slipped slightly from $114.1 milli...
The Federal Aviation Authority (FAA) has banned all US carrier from operating in Haitian airspace for 30 days.The FAA imposed a Notice to Airmen (NOTAM) to all US carriers which prohibits them from wi...
Commercial aviation financing platform Ashland Place has completed a new facility financing the acquisition of one 737-800 aircraft for Crestone Air Partners, Air T and Mill Road Capital Management.“W...
Boeing has forecast that air cargo traffic will increase by an average of 4% each year up until 2043. These projections appear in Boeing's 2024 World Air Cargo Forecast (WACF), the company’s biennial ...
Spirit AeroSystems has established a second amended and restated memorandum of agreement with Airbus, in which Airbus has agreed to provide Spirit a non-interest-bearing line of credit totalling $107 ...
Marc Parent, chief executive officer of CAE, is to leave the company after a 20-year tenure, during which he served as both president and CEO."Under Marc's leadership, CAE has become a global leader i...
Spirit Airlines' acquisition by Frontier Airlines has reportedly fell through, according to a Wall Street Journal report on November 12, 2024. The airline is reportedly moving towards filing for bankr...
Private equity firm Branford Castle Partners has acquired Testek Solutions, with the terms of the transaction not being disclosed.Testek, a leading designer and manufacturer of advanced testing soluti...
Boeing is considering the sale of its aviation navigation unit Jeppesen to boost its balance sheet, according to a Bloomberg report. The American OEM is said to be working with an advisor on the poten...
WestJet inaugurated its service to Tulum, Mexico on November 9, 2024. The destination will operate from both Calgary and Toronto, with the inaugurating flight taking off from Calgary. “Cementing our p...
ACMI provider Avia Solutions Group subsidiary Avion Express Brasil has begun the fourth stage of earning its air operator's certificate (AOC) with Brazil's civil aviation regulator. With this, the air...
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