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...
C&L Aerospace has entered into a long-term strategic agreement that facilitates the disassembly of end-of-life business jet aircraft. C&L will begin by initially disassembling 13 aircraft through the...
Atlas Air has appointed Klaus Goersch to the role of executive vice president and chief operating officer. Joining the company in late December, Goersch will oversee Atlas’ global flight, ground and ...
Canadian asset manager and aircraft lessor Falko has completed its previously announced aircraft portfolio transaction with Nordic Aviation Capital (NAC) following the acquisition of four E190 aircraf...
Spirit Airlines reported a third quarter net loss of $308.2 million, or a basic loss per share of $2.81, in the third quarter of the year. The result nearly doubles its loss from the same period a yea...
We're Social