Striking Boeing workers reject 35% wage deal
In another setback to the already beleaguered airframe manufacturer, striking Boeing workers have rejected its new contract offer on October 23, 2024. The offer included a 35% wage increase over the c...
In another setback to the already beleaguered airframe manufacturer, striking Boeing workers have rejected its new contract offer on October 23, 2024. The offer included a 35% wage increase over the c...
Spirit AeroSystems - fuselage supplier and soon-to-be acquired by Boeing next year - reported a net loss of $477 million, or a loss per share of $4.07, in the third quarter of 2024, widening further f...
Abra Group, the majority investor of Gol Linhas Aéreas Inteligentes (GOL) and Avianca Group International, has closed $1.25 billion of comprehensive refinancing transactions, including a new credit fa...
Blighted by industrial action, safety and supply chain issues, Boeing has reported a net loss of $6.17bn in its third quarter 2024 results published on October 23, 2024. This is a marked decline from ...
The Federal Aviation Administration (FAA) has issued a final rule for the qualifications and training that instructors and pilots must have, in order to fly “powered lift” aircraft.These aircraft are ...
Struggling low-cost carrier Spirit Airlines is reportedly in early-stage merger negotiations with other low-cost carrier Frontier Airlines' parent the Frontier Group, according to a Wall Street Journa...
Airport operator group ASUR reported revenues of 7.48bn pesos ($129.1 million) in its third quarter 2024 earnings, up 18.1% over the same period last year. Its consolidated EBITDA increased 12% to 4.7...
Wheels Up detailed a major revamp to its fleet strategy on October 22, 2024. The company will transition its current jet fleets to Embraer's Phenom 300 series and Bombardier's Challenger 300 series ai...
Mexican low-cost airline Volaris reported a net profit of $37 million in its third quarter 2024 results, swinging from a net loss of $39 million in last year's third quarter. This comes despite a 4.1%...
Calumet subsidiary Montana Renewables has been awarded a conditional commitment for a loan guarantee of up to $1.44bn from the US Department of Energy (DOE). The funding will be used for the construct...
GE Aerospace has reported strong third-quarter results on October 22, 2024, with the company raising its full-year guidance following strong revenue growth and a rise in orders. The engine supplier re...
RTX reported a net income of $1.5bn in the third quarter of 2024, swinging from last year's third quarter loss of $984 million. The company recorded $20.1bn in sales, up 49% from the same period last ...
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