Spirit Airlines posted a net loss of $192 million for the second quarter of 2024 - adjusted to a loss of $157.9 million. In its earnings call, CEO and president Ted Christie said the ""disappointing r...
Aviation logistics and aftermarket services lender VAS Aero Services has secured an additional 17 A320 airframes for teardown and used service material (USM) parts re-distribution on July 31, 2024. ...
American Airlines has renewed its contract with software and technology company Sabre, for subscription to the company’s corporate travel contract management solution PRISM. “We are committed to ou...
The US transportation secretary Pete Buttigieg has told the CEOs of the top ten U.S. airlines that they are required to provide refunds for cancelled or delayed flights in accordance with a new law pa...
Global passenger demand - measured in revenue passenger kilometres (RPK) - increased 9.1% in June, compared to the same month last year. In addition, according to data from IATA, capacity was up 8.5%....
United Airlines have become the first carrier to purchase sustainable aviation fuel (SAF) for use at Chicago’s O’Hare International Airport (ORD). SAF producer Neste will provide up to one million ...
Boeing's net losses widened in the second quarter of the year to $1.4bn, a significant difference from its net loss of $149 million in last year's second quarter. It reported on July 31, 2024, a loss ...
Boeing has appointed Robert ""Kelly"" Ortberg as the company's new president and CEO, effective as of August 8, 2024. He will also serve on the company's board of directors. He will succeed outgoin...
Hawaiian Airlines' parent Hawaiian Holdings reported a net loss of $67.6 million in the second quarter of 2024, further widening its losses from last year's $12.3 million in the same financial period....
Chorus Aviation has entered into a sale and purchase agreement to sell all assets in its regional aircraft leasing (RAL) business - including its subsidiary Falko Regional Aircraft - for a sale price ...
IATA has released data for June of this year which shows global air cargo markets showing continued strong annual growth in demand. A general overview of the month shows that total demand, measured...
Aircraft lessor Azorra has closed a $988 million debt financing facility on July 30, 2024. “We are thrilled with the strong investor support for this financing. This achievement underscores the con...
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