Marc Parent to leave CAE after 20 years
Marc Parent, chief executive officer of CAE, is to leave the company after a 20-year tenure, during which he served as both president and CEO."Under Marc's leadership, CAE has become a global leader i...
Marc Parent, chief executive officer of CAE, is to leave the company after a 20-year tenure, during which he served as both president and CEO."Under Marc's leadership, CAE has become a global leader i...
Spirit Airlines' acquisition by Frontier Airlines has reportedly fell through, according to a Wall Street Journal report on November 12, 2024. The airline is reportedly moving towards filing for bankr...
Private equity firm Branford Castle Partners has acquired Testek Solutions, with the terms of the transaction not being disclosed.Testek, a leading designer and manufacturer of advanced testing soluti...
Boeing is considering the sale of its aviation navigation unit Jeppesen to boost its balance sheet, according to a Bloomberg report. The American OEM is said to be working with an advisor on the poten...
WestJet inaugurated its service to Tulum, Mexico on November 9, 2024. The destination will operate from both Calgary and Toronto, with the inaugurating flight taking off from Calgary. “Cementing our p...
ACMI provider Avia Solutions Group subsidiary Avion Express Brasil has begun the fourth stage of earning its air operator's certificate (AOC) with Brazil's civil aviation regulator. With this, the air...
Air Transport Services Group (ATSG) revenues of $471 million in the third quarter of the year, down from $523 million in the same period last year. Operating expenses totalled $449.6 million in the qu...
LATAM Airlines reported total operating revenues of $3.3bn for the third quarter 2024, up 7.6% from last year. The company said the growth was primarily driven by a 6.3% increase in passenger revenues...
Brazilian aircraft manufacturer Embraer reported strong third quarter 2024 results, posting an adjusted net profit of $221 million - climbing substantially from $32.9 million in the same period last y...
Air Lease Corporation’s (ALC) net income slipped 25% in this year’s third quarter down to $91.6 million, when compared to the third quarter last year. Diluted earnings per share were down 25.5% to 82 ...
California based eVTOL manufacturer Archer Aviation has reported “steady” progress during its third quarter, highlighting the near completion its new manufacturing facility and continued momentum towa...
Air Canada is set to extend its intermodal strategy across parts of Europe and Asia, allowing passengers to book onward land connections from their initial arrival destination. During the winter seaso...
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