Blighted by industrial action, safety and supply chain issues, Boeing has reported a net loss of $6.17bn in its third quarter 2024 results published on October 23, 2024. This is a marked decline from ...
The Federal Aviation Administration (FAA) has issued a final rule for the qualifications and training that instructors and pilots must have, in order to fly “powered lift” aircraft.These aircraft are ...
Struggling low-cost carrier Spirit Airlines is reportedly in early-stage merger negotiations with other low-cost carrier Frontier Airlines' parent the Frontier Group, according to a Wall Street Journa...
Airport operator group ASUR reported revenues of 7.48bn pesos ($129.1 million) in its third quarter 2024 earnings, up 18.1% over the same period last year. Its consolidated EBITDA increased 12% to 4.7...
Wheels Up detailed a major revamp to its fleet strategy on October 22, 2024. The company will transition its current jet fleets to Embraer's Phenom 300 series and Bombardier's Challenger 300 series ai...
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...
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