GA Telesis has signed a purchase agreement to acquire 23 used A320 and A321 aircraft from Spirit Airlines.According to an SEC filing from Spirit, the total purchase price is expected to be $519 millio...
Retired Boeing Capital president Tim Myers has joined Seabury Capital. In a LinkedIn post, Myers announced his new position as senior advisor at the company. Myers retired from his role at Boeing in J...
Embraer has signed a multi-year contract with LOT Polish Airlines for its pool program. With this agreement, the airline will receive support for a wide range of repairable components for its three E1...
American Airlines Group has reported revenue of $13.6bn in its third-quarter 2024 financial results – a 1.2% rise over the prior-year quarter.The US carrier reported a net loss of $149 million, or ($0...
Southwest Airlines recorded net income of $67 million, or $0.11 per diluted share, in its third quarter 2024 earnings results on October 24, 2024. Net income dropped 65.3% from last year’s third quart...
SkyWorks Holdings reported a series of transactions and activities performed across its advisory and asset management platform throughout the third quarter of the year.The company was retained by Flai...
In another setback to the already beleaguered airframe manufacturer, striking Boeing workers have rejected its new contract offer on October 23, 2024. The offer included a 35% wage increase over the c...
Spirit AeroSystems - fuselage supplier and soon-to-be acquired by Boeing next year - reported a net loss of $477 million, or a loss per share of $4.07, in the third quarter of 2024, widening further f...
Abra Group, the majority investor of Gol Linhas Aéreas Inteligentes (GOL) and Avianca Group International, has closed $1.25 billion of comprehensive refinancing transactions, including a new credit fa...
Blighted by industrial action, safety and supply chain issues, Boeing has reported a net loss of $6.17bn in its third quarter 2024 results published on October 23, 2024. This is a marked decline from ...
The Federal Aviation Administration (FAA) has issued a final rule for the qualifications and training that instructors and pilots must have, in order to fly “powered lift” aircraft.These aircraft are ...
Struggling low-cost carrier Spirit Airlines is reportedly in early-stage merger negotiations with other low-cost carrier Frontier Airlines' parent the Frontier Group, according to a Wall Street Journa...
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