The Justice Department in the US (DOJ) has announced the unsealing of a warrant for the seizure of a Boeing 737-7JU aircraft owned by Russian oil company Rosneft. The DOJ said a district court in New ...
Charter and cargo business Global Crossing Airlines has reported 2022 revenue of $97.1 million, $32.5 million of which came in the fourth quarter (Q4 2022). The earnings were up on 2021, by $82.8 mill...
North Carolina's flyExclusive is banging the drum for what it said is "a new option to its award-winning members to access a completely fixed pricing experience" in private charter flying. The company...
Quebecois carrier Transat reported C$667.5 million (US$ 484.2 million) revenue in 2022 for an adjusted income (EBIDTA) of C$3.3 million but an operating loss of C$38.1 million. The carrier was left wi...
Brazilian aircraft manufacturer Embraer recorded $4.5bn revenue in 2022, $2bn of which came in the fourth quarter (Q4 2022) and left it with an adjusted EBIT of $166.2 million for the three-month peri...
Viva Aerobus' February 2023 passenger traffic increased 25.5% to 1.53 million passengers compared to February 2022. The upsurge was "driven by an increase of 26.2% and 20.4% in domestic and internatio...
Aero Design Labs (ADL) has announced the first "revenue flight" with an aircraft using its drag reduction kit, with founder Lee Sanders onboard the Southwest Airlines' Dalla-El Paso connection. "This ...
Texas-based budget carrier Avelo Airlines has added three nonstop routes to take its US network to 37 destinations. On May 31, the airline will operate its first connection between Alabama's Mobile In...
Archer Aviation is "nearing completion of the final assembly" of Midnight, the production electric vertical takeoff and landing (eVTOL) aircraft it has been working on. San Jose-based Archer said it a...
Aviation Capital Group (ACG) has promoted several executives in acknowledgement of their "outstanding commitment and contributions". Chief revenue officer Carter White has been named executive vice pr...
Dublin-headquartered SMBC Aviation Capital is to sell Southwest Airlines over 400,000 carbon credits from its portfolio of projects. SMBC, ranked by some as the world’s second-largest aircraft leasing...
FTAI Aviation has priced its previously announced registered underwritten public offering of 2.6 million fixed-rate reset series D cumulative perpetual redeemable preferred shares. Jet engine business...
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