Aircastle’s net income dipped to $18.1 million in the third quarter ending November 30, 2024, down from $25.6 million a year prior, the company said on January 10, 2025.Revenues for the quarter totall...
Delta said it delivered “the most profitable December quarter” in its history with the publication of its fourth quarter results on January 10, 2025. The company generated a pre-tax income of $1.2bn, ...
Lessor of mid-life narrowbody assets Aero Capital Solutions (ACS) concluded 2024 with an owned and managed portfolio of 159 aircraft and 58 engines.The company purchased 67 aircraft and 10 standalone ...
Air T launched its new business, Runway Aero Advisors on January 9, 2025. The new business will advise companies as they raise debt and equity capital. Runway will be led by Steve Welo who joined Air ...
Southwest Airlines has announced that two of its long-time serving leaders are set to retire from their executive officer positions later this year.Tammy Romo, executive vice president and chief finan...
Aircraft lessors could see net earnings rise to a peak of $10bn in 2027, according to a Bloomberg Intelligence report. The growth is expected to be largely driven by lifted trading gains via higher le...
Total passenger demand, measured in revenue passenger kilometres (RPK), was up 8.1% in November 2024, compared to the same month a year prior, according to data from the International Air Transport As...
Alternative asset manager Fundamental Advisors has launched its helicopter investment strategy, along with the acquisition of HeloAir on January 9, 2025. HeloAir is a regional operator of utility and ...
The outlook for 2025 is “as bright as it has been” since before the pandemic with passenger demand returning to pre-Covid levels and an upswing of aircraft trading, said Vinson & Elkins in its aviatio...
Volaris' capacity decreased 4.5% in December 2024, when compared to the same month a year prior, due to the Pratt & Whitney inspections of the geared turbofan (GTF) engine. However, the capacity was “...
Air Lease Corporation (ALC) delivered 18 new aircraft from its orderbook in the fourth quarter of 2024, the company said on January 8, 2025. The deliveries included eight A220s, three A321neos, two A3...
Colombian airline Avianca has partnered with Lufthansa Technik to adopt its digital tech ops ecosystem, becoming its first customer in the Americas. Avianca and Lufthansa Technik subsidiary flydocs si...
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