Global passenger demand up 13.8% in March
Total passenger demand, measured in revenue passenger kilometres (RPKs), was up 13.8% in March 2024 year-on-year (YoY). Total capacity, measured in available seat kilometres (ASKs), was up 12.3% (YoY)...
Total passenger demand, measured in revenue passenger kilometres (RPKs), was up 13.8% in March 2024 year-on-year (YoY). Total capacity, measured in available seat kilometres (ASKs), was up 12.3% (YoY)...
Pratt & Whitney Canada and TAAG Angola Airlines have signed a six-year fleet management program agreement. The engine maintenance services cover the airline's PW150A engines which power its fleet of D...
Texas-based maintenance, repair, and overhaul (MRO) company Jets MRO has entered a strategic partnership with Aircraft Custom Interiors (ACI). This partnership aims to ""elevate the standards of co...
Frontier Airlines has reported a net loss of $26 million for the first quarter, up from its net loss of $13 million in last year's first quarter. Though, its revenues were up 2% year-on-year (YoY) to ...
Sustainable electric aircraft manufacturer Bye Aerospace has appointed Rod Zastrow as its CEO, with Zastrow having previously served as its president and chief operating officer. He will continue his ...
The International Air Transport Association (IATA) has called for ""urgent action"" from the aviation industry to provide more data on the climate impact of aviation contrails to develop ""effective m...
Air Lease Corporation (ALC) has amended and extended its senior unsecured revolving credit facility with JPMorgan Chase Bank as administrative agent whereby the company extended the final maturity dat...
Willis Lease Finance Corporation (WLFC) has closed its third engine-backed Japanese operating lease with call option (JOLCO), a $21 million financing with a 5.0% interest loan maturing in March 2033 o...
The US Department of Transportation (DOT) has reminded air passengers that from April 30, Southwest Airlines customers must compensate them with a transferrable voucher worth at least $75 for any cont...
US-based aircraft component and asset supplier Aviatt & Turbo Technologies has successfully completed the acquisition of Accuwright Industries, a FAA/EASA/ISO service provider that specialises in prec...
Boeing has been awarded a $178 million contract to produce seven MH-139A helicopters, known as Grey Wolf helicopters, from the US Air Force, bringing the total order number up to 26. As part of the co...
Aviation Capital Group has delivered one new A320neo on long-term lease to Scandinavian Airlines (SAS), featuring CFM International LEAP-1A engines. It is the 11th aircraft scheduled to be delivere...
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