Electric vertical takeoff and landing (eVTOL) aircraft developer New Horizon Aircraft has secured an investment from a strategic investor with proceeds of $8.4 million. The company said the investment...
Low-cost Dominican airline Arajet expects to enter the US market in the second quarter of 2025 with flights from New York, Miami, and Puerto Rico. The carrier has received approval from the US Departm...
Textron Aviation’s Cessna SkyCourier, a twin-engine, large utility turboprop, has received type certification by Transport Canada Civil Aviation (TCCA),The first SkyCourier for the Canadian market, a ...
American Airlines will launch the only nonstop route between Washington, DC and San Antonio, Texas, after US Department of Transportation (DOT) approval, the carrier said on December 20, 2024. The rou...
Air Canada has signed a firm order with Airbus for an additional five A220-300s on December 20, 2024.This order follows an initial purchase in 2016 for 45 A220-300s and a reorder in 2022 for 15 more. ...
A US bankruptcy court has approved Spirit Airlines' sale of 23 Airbus narrowbodies to GA Telesis in a $519 million transaction. The first aircraft had been approved earlier in December and the remaini...
Aviation services company AAR had sold off its landing gear overhaul business to GA Telesis for $51 million, the company said on December 20, 2024. The divestiture of the non-core business segment is ...
Archer Aviation completed the construction of its high-volume manufacturing facility, ARC, earlier this week. The company is now working to complete the tooling load-in for the initial manufacturing l...
High Ridge Aviation has completed another aircraft purchase from Aviation Capital Group (ACG) on December 19, 2024, for three A320neo aircraft. The three aircraft are currently in operation by SAS Con...
JP Morgan's airline valuation dash report for December was positive on the North American aviation front, with analyst Jamie Baker stating: “We can confidently declare a new ‘golden age’ for US airlin...
US airlines after tax profits in the third quarter of 2024 totalled $2.1bn, according to the Bureau of Transportation Statistics (BTS). It marks an increase compared to third quarter 2023, with after ...
Air Canada is moving its 737 MAX fleet to its low-cost subsidiary Rouge brand as part of its fleet plan, it said during its investor day conference. The airline has approximately 40 737 MAX aircraft. ...
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