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...
International Airlines Group (IAG) posted strong results in its third quarter earnings. Net profit for the quarter totalled €1.4bn, up 16.7% from the third quarter last year, as well as reporting an o...
Spirit AeroSystems posted a pessimistic third quarter result after market close on November 5, 2024. “Substantial doubt about the company's ability to continue as a going concern exists,” the company ...
Maples Group supported Kingston Airport Revenue Finance, a Cayman Islands special purpose vehicle, on the securitisation transaction led by the Government of Jamaica (GOJ). The ‘KingAir’ transaction s...
Asset management firm ABL Aviation has committed a $400 million financing facility dedicated to supporting Embraer's E-Jet E2 programme. ABL's investment will provide customers of Embraer more enhance...
We're Social