Wheels Up closed its new $332 million revolving equipment notes facility with Bank of America, and completed the acquisition of GrandView Aviation's fleet of 17 Embraer Phenom 300 and Phenom 300E airc...
AerSale's revenues slipped to $82.7 million in the third quarter of 2024, down from $92.5 million in the same period last year. Despite this, the company swung to a profit of $0.5 million, compared to...
Boeing delivered just 14 aircraft in October this year - the lowest since November 2020 with only seven deliveries, signalling the impact of the strike action that took place over the course of the mo...
StandardAero - a US-based MRO provider - swung to a profit of $16.4 million, compared to its net loss of $17.9 million in the same period last year. Revenues increased 13.2% to $1.2bn in the quarter, ...
Alaska Airlines has elected five new executives to roles that have expanded “significantly” after its $1.9bn acquisition of Hawaiian Airlines in September. The company said the new leadership roles wi...
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...
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