AerSale's revenues slipped to $82.7 million in the third quarter of 2024, down from $92.5 million in the same period last year. Despite this, the company swung to a profit of $0.5 million, compared to...
StandardAero - a US-based MRO provider - swung to a profit of $16.4 million, compared to its net loss of $17.9 million in the same period last year. Revenues increased 13.2% to $1.2bn in the quarter, ...
Thailand's Nok Air reported revenues of 2.9bn baht ($82.6 million) in its third quarter 2024 results, up from 1.7bn baht ($48.4 million) in the same period last year.The carrier's expenses totalled 2b...
Commercial aviation financing platform Ashland Place has completed a new facility financing the acquisition of one 737-800 aircraft for Crestone Air Partners, Air T and Mill Road Capital Management.“W...
Spirit AeroSystems has established a second amended and restated memorandum of agreement with Airbus, in which Airbus has agreed to provide Spirit a non-interest-bearing line of credit totalling $107 ...
Private equity firm Branford Castle Partners has acquired Testek Solutions, with the terms of the transaction not being disclosed.Testek, a leading designer and manufacturer of advanced testing soluti...
Singapore Airlines' (SIA) net profit fell 59% in the second quarter of the financial year 2024/25, down to S$290 million ($217.3 million). Operating profit fell 59.3% to S$325 million ($243.5 million)...
Boeing is considering the sale of its aviation navigation unit Jeppesen to boost its balance sheet, according to a Bloomberg report. The American OEM is said to be working with an advisor on the poten...
Air Transport Services Group (ATSG) revenues of $471 million in the third quarter of the year, down from $523 million in the same period last year. Operating expenses totalled $449.6 million in the qu...
Brazilian aircraft manufacturer Embraer reported strong third quarter 2024 results, posting an adjusted net profit of $221 million - climbing substantially from $32.9 million in the same period last y...
Air Lease Corporation’s (ALC) net income slipped 25% in this year’s third quarter down to $91.6 million, when compared to the third quarter last year. Diluted earnings per share were down 25.5% to 82 ...
California based eVTOL manufacturer Archer Aviation has reported “steady” progress during its third quarter, highlighting the near completion its new manufacturing facility and continued momentum towa...
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