Spirit Airlines shares fell over 13% on December 18, 2024, at just $0.59 per share, as of 12pm London time, after Spirit's shareholders were informed they would lose their remaining investment in the ...
Alaska Airlines launched a new nonstop service between San Diego International Airport and Ronald Reagan Washington National Airport (DCA). The carrier said it will become the only airline to offer th...
Boeing has resumed production of all airplane programs that were halted by the machinists' strike that began mid-September 2024 and ended November 5, 2024. The manufacturer resumed production of its 7...
Brazilian airline Azul subsidiary Azul Secured Finance has launched an exchange offering for its existing senior notes, the company said on December 17, 2024. The offer includes the exchange of any an...
Electric vertical takeoff and landing (eVTOL) aircraft Joby Aviation completed a series of major aerostructure tests for certification credit with the Federal Aviation Administration (FAA). The tests ...
Air Canada is targeting operating revenues of C$30bn ($21bn) for 2028, the carrier said during its investor day on December 17, 2024. For 2030, the airline aims to exceed C$30bn. The company is targe...
Airframe deliveries are likely to rise for most aircraft in 2025, according to a Bloomberg Intelligence report. The analysts George Ferguson and Melissa Balzano had a much more positive outlook for ne...
American Airlines said it expects to carry nearly 12.7 million customers across 118,000 flights for the winter holiday travel period. “American delivered industry-leading operational performance over ...
Wafra has closed its acquisition of engine lessor Aquila Air Capital from Warburg Pincus on December 16, 2024. The transaction was first announced in October this year after Wafra entered into a defin...
Air Lease Corporation (ALC) has closed a $966.5million unsecured three year term loan, which has been syndicated to a diverse group of lenders based in Asia. The term loan was arranged by Sumitomo Mit...
Pratt & Whitney has received certification from the US Federal Aviation Administration (FAA) for the company’s GTF engine that will power the A321XLR aircraft.The engine type certificate, granted on D...
Honeywell’s board of directors are weighing up a potential separation of the company’s Aerospace business. A business portfolio evaluation launched earlier this year by chairman and CEO Vimal Kapur, a...
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