Alaska Air has reported net income for the first quarter of 2019 at $21 million, up from $18 million reported in the corresponding period last year. This figure, however, excluded the impact of merger...
The Federal Aviation Administration (FAA) has granted approval to Alphabet unit Wing Aviation to deliver goods to customers using drones, making them the first company to get US air certification. As ...
Avianca Holdings has announced that Hernán Rincón Lema will to retire from the company effective after three years serving as its chief executive officer (CEO). Rincón’s announcement follows in line w...
Allegiant Travel Company has posted increased revenue of $452 million for the first quarter of 2019, up 6.2% from $425 million posted in the corresponding period last year. Meanwhile, net income for t...
Southwest Airlines has become the latest carrier to take a profit hit from the grounding of 34 of its Boeing 737 MAX fleet, which has forced the group to cancel more than 10,000 flights. The airline h...
WNG Capital has announced the final closing of WNG Aircraft Opportunities Fund II with $438 million of capital commitments. The WNG II fund is expected to acquire approximately 40 to 60 Boeing and Air...
JetBlue Airways has reported better-than-expected earnings and revenues in the first quarter of 2019. Operating revenues came in at $1.87 million, up 6.7% from the number reported in the corresponding...
A new 787 Dreamliner maintenance hangar has been opened by WestJet at its hub at Calgary International Airport. "Today marks another significant step in WestJet's journey as a global network carrier,"...
Shearwater Aero Capital is seeking up to $100 million to support its growth, following its strongest performance ever in 2018. Shearwater has provided funding for over $100 million in aircraft, since ...
Bombardier is predicting lower than expected results for its first quarter 2019. The Canadian firm says revenue at its commercial aircraft business is expected to be about $250 million lower, coming i...
Aergo Capital has partnered with the London branch of Deutsche Bank to finance two 2009 vintage A321-200 aircraft, both subject to lease with Air Transat (Canada). The aircraft are subject to long ter...
Boeing Commercial Aircraft posted a 9% fall in revenue year on year to US$11.8bn from US$12.9bn for Q1 2019. Earnings were down a huge 21% at under US$2bn. Boeing also disclosed that the changes it h...
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