Textron has posted a slump in its second-quarter 2019 revenues, coming in at $1.1 billion, down $153 million from the same period last year. The firm has said that the drop was primarily due to lo...
Boeing is set to record an after-tax charge of $4.9 billion in its second financial quarter with most of the money being used to compensate Boeing's customers for schedule disruptions and delays in a...
Southwest Airlines has taken the decision to extend its grounding period for the Boeing 737 Max jet. The airline previously removed the Max through to 1 October. Now, Southwest has revised this unt...
JetBlue has announced the appointment of Teri P. McClure to its board of directors, effective immediately. McClure most recently served as chief human resources officer and senior vice president of...
Boeing has dedicated $50 million of a previously announced $100 million fund to provide near-term financial assistance to families of the victims of the Lion Air Flight 610 and Ethiopian Flight 302 ac...
Canada's Sunwing is offering a direct flight service twice a week on Mondays and Fridays from Montreal to Havana, Cuba. The service will run from December 13 until March 13, 2020. The airline has...
United Airlines has reported a greater-than-expected second-quarter net income of $1.1 billion, which the airline has said is driven by strong air travel demand despite the grounding of its Boeing 73...
Grupo Aeromexico's second-quarter 2019 revenue stood at $16.8 billion pesos representing a 2.6% slump from the same period last year. During the quarter revenue per ASK (RASK) decreased by 0.4% compar...
Growth in global oil demand is expected to slow, new research from Scope suggests. The report expects Brent crude to average between $60 and $70 per barrel for the second half and for full-year 20...
Construction work on the new Terminal One at Newark Liberty International Airport (EWR), set to be worth around $2.7 billion, has been given the green light by the Port Authority. Munich Airport In...
American Airlines has one again extended the grounding period for its Boeing 737 Max aircraft, now continuing until 2 Nov. With this news, American follows in the footsteps of United Airlines which...
Spirit Airlines expects top line revenue growth of nearly 19% for the second quarter 2019 on a total revenue per ASM (TRASM) improvement of 5% from the same period in 2018. The airline's available...
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