Frontier Airlines has reported a net loss of $26 million for the first quarter, up from its net loss of $13 million in last year's first quarter. Though, its revenues were up 2% year-on-year (YoY) to ...
Sustainable electric aircraft manufacturer Bye Aerospace has appointed Rod Zastrow as its CEO, with Zastrow having previously served as its president and chief operating officer. He will continue his ...
The International Air Transport Association (IATA) has called for ""urgent action"" from the aviation industry to provide more data on the climate impact of aviation contrails to develop ""effective m...
Air Lease Corporation (ALC) has amended and extended its senior unsecured revolving credit facility with JPMorgan Chase Bank as administrative agent whereby the company extended the final maturity dat...
Willis Lease Finance Corporation (WLFC) has closed its third engine-backed Japanese operating lease with call option (JOLCO), a $21 million financing with a 5.0% interest loan maturing in March 2033 o...
The US Department of Transportation (DOT) has reminded air passengers that from April 30, Southwest Airlines customers must compensate them with a transferrable voucher worth at least $75 for any cont...
US-based aircraft component and asset supplier Aviatt & Turbo Technologies has successfully completed the acquisition of Accuwright Industries, a FAA/EASA/ISO service provider that specialises in prec...
Boeing has been awarded a $178 million contract to produce seven MH-139A helicopters, known as Grey Wolf helicopters, from the US Air Force, bringing the total order number up to 26. As part of the co...
Aviation Capital Group has delivered one new A320neo on long-term lease to Scandinavian Airlines (SAS), featuring CFM International LEAP-1A engines. It is the 11th aircraft scheduled to be delivere...
CFM56 engines, modules, and material supplier FTAI Aviation reported total revenues of $326.7 million in the first quarter of 2024, up from $292.7 million year-on-year (YoY). Its net income was $39.6 ...
Delta Air Lines has appointed Maria Black and Willie CW Chiang to its board of directors. Black is president and CEO of Automatic Data Processing and Chiang is chairman and CEO of Plains All American ...
US-based aircraft lessor, Aircastle, booked revenue of $855.4 million in the 12 months to end February 2024 (FY23), with net income of $83 million compared to $63 million in the prior year period. For...
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