SIA Engineering reports first quarter results
SIA Engineering has reported its first quarter results for the fiscal year 2024-25. Its revenues totalled $268.8 million, up 2.6% over the same period a year prior. Expenditure rose at a slightly lowe...
SIA Engineering has reported its first quarter results for the fiscal year 2024-25. Its revenues totalled $268.8 million, up 2.6% over the same period a year prior. Expenditure rose at a slightly lowe...
SkyWest - a US regional airline - has reported a net income of $76 million, or $1.82 per diluted share, in its second quarter results. It marks a strong increase from last year's results of $15 millio...
Turkish Airlines has added a new currency to its financing portfolio, becoming the first airline outside of China to secure financing in Chinese yuan (RMB). “By adding the fifth currency to the var...
Just over $50bn worth of deals were made on the first day of the Farnborough International Airshow 2024 event held in the UK. The data comes from aerospace trade association ADS Group. ""Our aerosp...
Brazilian National Bank for Economic and Social Development (BNDES) has concluded a financing contract to export 32 Embraer E175 aircraft to American Airlines. “This financing will contribute to acce...
GE Aerospace is set to invest more than $1 billion into its maintenance, repair and overhaul (MRO) and component repair facilities worldwide over a period of five years. “Our customers are experien...
SAS Group's planned reorganisation proceedings in Sweden has been approved by the Stockholm District Court on July 19, 2024. As a result, the company has applied for delisting from Nasdaq stock exchan...
Aviation services provider AAR has reported an income of $9.1 million, or $0.26 per diluted share, in its fourth quarter fiscal year 2024 results. Its sales totalled $656.5 million in the quarter. ...
TD Cowen analysts Helane Becker and Thomas Fitzgerald downgraded American Airlines from buy to hold on July 16, 2024. The downgrade followed the analysts' concerns surrounding the carrier's ""aggressi...
Atlas Air has secured $90 million senior debt financing from Investec Aviation Finance for the acquisition of three 747-400 freighter aircraft. ""The 747-400F forms an integral part of Atlas’ dedic...
Aircastle's wholly-owned subsidiary Aircastle Designated Activity Company (DAC) has priced an offering of $500 million senior unsecured notes due October 2031, issued on July 15, 2024. The notes have ...
Lufthansa Group has cut its full year earnings guidance following a market-related decline in yields and challenges posed by delayed aircraft deliveries. It adjusted its previous EBIT estimate of €2.2...
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