Fitch Ratings has upgraded Southwest Airlines to 'BBB+' from 'BBB'. The Rating Outlook is revised to Stable from Positive. The upgrade reflects steady improvements to Southwest's credit profile over t...
Satcom Direct is the first Inmarsat SwiftBroadband (SBB) distribution partner to provision and enable the new SwiftBroadband high data rate (HDR) service with Honeywell avionics, nearly doubling in-fl...
Bombardier has reported its financial results for the third quarter ended September 30, 2015. Revenues totalled US$4.1 billion for the quarter, compared to $4.9 billion for the same period last fiscal...
Virgin America has reported third quarter 2015 net income of $73.0 million excluding special items - an increase of $31.3 million from the third quarter of 2014. Operating income and operating margin ...
Seabury Group, the global advisory and professional services firm, has announced new leadership for Seabury Global Aerospace & Defense Consulting (SGAD). Retired U.S. Air Force Lieutenant General Cha...
United Parcel Service (UPS) has posted a 3.5% increase in third-quarter net income to $1.26 billion compared to $1.21 billion in the year-ago period. Revenue dipped by 0.4% to $14.24 billion. Operatin...
Although the Quebec government in Canada has declined to confirm if the published reports are true that it will provide a financial contribution to Bombardier to boost its cash levels, the manufacture...
SkyWest, the parent company of regional carriers SkyWest Airlines and ExpressJet Airlines, has reported a third-quarter net profit of $36.3 million, compared to net income of $41.3 million in the 2014...
Delta will no longer fly between Atlanta and Dubai, effective from February 11, 2016. The airline has cited “overcapacity on U.S. routes to the Middle East operated by government-owned and heavily sub...
Delta TechOps has been granted approval from Rolls-Royce for its expanded Atlanta facility to become a maintenance centre for the Trent XWB and 7000 engines. Construction of the engine centre is sched...
Air Lease Corporation has announced that Standard & Poor’s Ratings Services revised its outlook on ALC to positive from stable, and affirmed all ratings, including the ‘BBB-’ corporate credit rating. ...
Aviation Capital Group (ACG) has placed a large order with Aeronautical Engineers, Inc. (AEI) for the 737-800SF conversion. The deal includes 15 aircraft with options for an additional 15 freighters....
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