Spirit Airlines has rejected yet another merger offer from Frontier Airlines on February 11, 2025. This follows a recently rejected $400 million proposition to merge the two ultra low-cost carriers at...
Spirit AeroSystems said its fourth quarter 2024 revenues will hit $1.66bn on February 10, 2025, in its preliminary results. The results exceed Wall Street estimates of around $1.5bn, though still down...
IndiGo has closed the financing of three A320 family aircraft via Gift City, according to a person familiar with the matter. The airline is set to close four Gift City financing for the aircraft, with...
The chairman and founder of ACMI and wet-lease provider, Avia Solutions Group, believes Boeing will be “back meeting delivery demand” for commercial aircraft by 2030.Gediminas Ziemelis made the commen...
Dubai Aerospace Enterprise (DAE) profit for 2024 climbed 36.2% to $477.5 million. Revenues for the year were $1.3bn, up 8.7% compared to 2023. Lease revenues for the year were $1.2bn, compared to $1.1...
All Nippon Airways (ANA) has confirmed it is projecting “some delivery delays” into the fiscal year 2026, with the Japanese airline assuming 11 aircraft deliveries for fiscal year 2025. ANA further no...
Carlyle Aviation Partners has priced its $518.3 million fixed rate aircraft asset backed securities (ABS) issuance — the first commercial aircraft ABS of the year. The issuance is split into two tranc...
LATAM Airlines said engine delays remain a greater concern than aircraft OEM supply chain constraints in its fourth quarter 2024 results, published on January 31, 2025. The airline said it remains foc...
Southwest Airlines reported a net income of $261 million, or 44 cent earnings per share (EPS), in the fourth quarter of 2024, swinging from a loss of $252 million, or 42 cent loss per share, a year pr...
Spirit Airlines has rejected Frontier's second proposal to merge the two US low-cost carriers, the airline revealed in an SEC filing on January 29, 2025. In a letter to Frontier, co-signed by Spirit C...
Boeing reported an annual net loss of $11.83bn in 2024, widening significantly from $2.2bn net loss in 2023. The loss marks its second highest annual loss on record – behind its $11.94bn net loss in 2...
Ryanair revised its traffic target for the next fiscal year to 206 million, down from 210 million as a result of ongoing delivery delays from Boeing. Ryanair Group CEO, Michael O’Leary said in its fis...
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