Spirit Airlines has disclosed that it has entered into a restructuring support agreement (RSA) that will be implemented while the airline company is in a pre-arranged Chapter 11 bankruptcy protection ...
Air Canada has signed an agreement with Finnish oil refining company Neste, for the purchase of 77.6 million litres (20.5 million US gallons) of Neste MY Sustainable Aviation Fuel, as the airline cont...
GE Aerospace and NASA are partnering up on a series of unique flight tests to help further the aviation industry’s understanding of contrails, using new test methods and technologies.Contrails are clo...
Allegiant has cited that hurricanes Helene and Milton placed an “outsized impact” on the company, as October operating figures see a significant drop in comparison to the same month of 2023. During Oc...
Investment bank XLCS Partners acted as the exclusive advisor to Mitchell Aircraft on the sale of its parts manufacturer approval (PMA) division, Mitchell PMA, to Jet Parts Engineering (JPE) - a portfo...
Aircraft Engine Lease Finance (AELF) has completed the financing of a 737-800 with South Africa's Nedbank Corporate and Investment Banking (Nedbank CIB). The transaction marks the second of its kind t...
Brazilian airline Azul reported record revenues of 5.1bn Brazilian reals ($881.3 million) in the third quarter of the year, up 4.3% in comparison to the same period last year. The carrier's operating ...
Wheels Up closed its new $332 million revolving equipment notes facility with Bank of America, and completed the acquisition of GrandView Aviation's fleet of 17 Embraer Phenom 300 and Phenom 300E airc...
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...
Boeing delivered just 14 aircraft in October this year - the lowest since November 2020 with only seven deliveries, signalling the impact of the strike action that took place over the course of the mo...
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, ...
Alaska Airlines has elected five new executives to roles that have expanded “significantly” after its $1.9bn acquisition of Hawaiian Airlines in September. The company said the new leadership roles wi...
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