American Airlines raised its fourth quarter guidance on December 5, 2024. The company raised its adjusted earnings per diluted share guidance to around $0.55 and $0.75, up from previous estimate of $0...
Ultra-low-cost Mexican carrier Volaris has cited a 3.7% decrease in available seat miles (ASMs), compared to the same period last year, to Pratt & Whitney engine inspections. This impact was partially...
Private investment firm Corrum Capital Management completed a single-asset continuation fund completed a single-asset continuation fund allowing it to continue its partnership with AvAir on December 4...
Southwest Airlines raised its fourth quarter guidance on December 5, 2024, driven by stronger than expected travel demand.Revenue per available seat mile (RASM) for the fourth quarter is now expected ...
LATAM Airlines Group has signed its first sustainability-linked loan, totalling $300 million, making it the first airline in South America to carry out a transaction of this this nature. The agreement...
StandardAero secured Indian Directorate General of Civil Aviation (DGCA) approval, which enables it to support the maintenance, repair, and overhaul (MRO) needs of PW127M engine operators in India.The...
Air Canada has implemented changes to its baggage policy, introducing carry-on baggage fees for basic economy fare ticket holders starting January 3, 2025.The Canadian airline will implement additiona...
FTAI Aviation has sold the remaining of its offshore energy vessels, it said on December 3, 2024. The Pioneer and the Pride were both sold for a total of approximately $143 million. The company said i...
Electric vertical takeoff and landing (eVTOL) aircraft developer Joby has received a Part 141 certificate from the Federal Aviation Administration (FAA) for its flight academy as it continues to move ...
Avelo Airlines is adding two new bases of operation at Charlotte's Concord-Padgett Regional Airport and Wilmington International Airport. The airline will start five new routes from the two airports, ...
Eve Air Mobility has signed a letter of intent with Helicopters Inc. for up to 50 electric vertical takeoff and landing (eVTOL) aircraft. The Embraer eVTOL company said the letter of intent included s...
After strong holiday demand, JetBlue updated its fourth quarter and full year guidance on December 4, 2024.“Booking performance for travel in November and December was higher than expectations immedia...
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