The US Department of Transportation has suspended the review of the joint venture application between Allegiant Air and Viva Aerobus, citing outstanding questions about the implementation of the US-Me...
Joby Aviation has posted a $286 million loss for Q2 2023. “This net loss reflected the unfavorable revaluation of derivative liabilities of $181 million and operating expenses of $116 million, partly ...
LATAM Airlines Group reported a net profit of $145 million in the second quarter ending June (Q2), with passenger operations seeing an impressive 28.4% increase compared to 2022 and low fuel costs. To...
Global Crossing Airlines Group has announced the closing of the placement of $35 million of Senior Secured Notes due 2029 Financing with funds managed by Axar Capital Management LLP and its affiliates...
American Airlines Group's credit rating has been upgraded to B+ by S&P Global. The rating agency said that the upgrade action followed the airline's "sharp improvement" in its credit measures througho...
Ex-Aircastle vice president, Alan Godson has joined Aviation Capital Group (ACG) as senior vice president and chief technical officer. In this role, he will be responsible for all ACG asset management...
Avianca is all set to launch new routes connecting Bogota with Tegucigalpa and Cuzco, starting October 30, offering over 1,000 seats per week on each route. The airline will operate eight weekly fligh...
Avelo Airlines announced nonstop service between Tweed-New Haven Airport (HVN) and Puerto Rico's San Juan Luis Muñoz Marín International Airport (SJU). San Juan is Avelo's first destination outside th...
Miami International Airport served nearly 26.2 million passengers in the first half (H1) of 2023 reporting an increase of 2.6% over its record-breaking year in 2022. Through the month of June, interna...
JetBlue Airways reported net income for second quarter of 2023 of $138 million or $0.41 per share, and $0.45 on a non-GAAP basis. Although the airline beat EPS forecasts, JetBlue dismayed analysts by ...
DHL Express is investing $192 million in expanding its operations at Cincinnati/Northern Kentucky International Airport, which includes a new 305,200-square-foot maintenance facility and storage space...
Air Canada expanded its in-flight entertainment with the addition of exclusive Apple TV+ original programming from August 1, 2023. The partnership marks Air Canada's latest investment in the customer ...
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