TRIUMPH to be acquired in $3bn equity deal
Aircraft components manufacturer TRIUMPH will be acquired by private equity firms Warburg Pincus and Berkshire Partners for a total enterprise value of approximately $3bn.As part of the definitive agr...
Aircraft components manufacturer TRIUMPH will be acquired by private equity firms Warburg Pincus and Berkshire Partners for a total enterprise value of approximately $3bn.As part of the definitive agr...
Air T has appointed Phil Seymour to the role of strategic advisor. In his new advisory role at Air T, Seymour will support the company’s growth and business development strategy, based out of London.“...
Sun Country Airlines reported a net profit of $13.4 million in the fourth quarter of 2024, more than doubling from $5.6 million a year prior. The airline's operating revenues totalled $260.4 million, ...
Will Shaffer has been appointed as the new president of Boeing Korea. In this role, Shaffer will lead the long-term strategy for the Korean market and Boeing's global strategy.He brings extensive expe...
Embraer’s Executive Jets division has entered into a purchase agreement with fractional jet ownership firm Flexjet, valued at $7bn.The agreement includes a fleet of Embraer business jets, such as the ...
Allegiant reported a consolidated net loss of $216.2 million, or $12 loss per share, in the fourth quarter of 2024, widening from its $2 million loss, or 13 cent loss per share, a year prior. Revenues...
United Airlines will restart operations to Tel Aviv on March 15, 2025, after an almost eight-month hiatus.Initially re-commencing the service with one daily flight between the airline’s base in Newark...
United Airlines will begin operating a new route between Ontario and Chicago’s O’Hare International Airport from May 2025.The new daily service is set to commence on May 22, 2025, and will be operated...
The US National Transportation Safety Board (NTSB), in coordination with the US Supervisor of Salvage, has recovered the fuselage, right engine, and right pylon of American Airlines flight 5342 from t...
Frontier Airlines will commence three new routes this spring, across six airports within the US and the Caribbean.From May 1, 2025, the airline will begin a new daily service between Washington Dulles...
Brazilian airline Voepass has filed a request for preparatory relief, with the airline looking to restructure its short-term financial obligations while strengthening its capital structure in order to...
Christopher Calio, president and CEO at RTX, has been appointed as the company’s chairman of the board.Calio joined the RTX board of directors in 2023 and was elected president and chief executive off...
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