SkyQuest International has arranged the successful sale of one Embraer EMB-120ER aircraft on behalf of JP Morgan Chase. The aircraft has been sold to Universal Turbine Parts of Prattvile, Alabama, US....
The US Senate Aviation subcommittee is debating whether the Passenger Facility Charge (PFC), a fee of up to US$4.50 paid by travelers at US public commercial airports, should be raised to pay for Fede...
United Parcel Service (UPS) has reported first-quarter net income of $1.03 billion, up 12.6% over a net profit of $911 million in the prior-year period. Revenue rose by 1.4% to $13.98 billion. Operati...
CIT Group reported a 12% fall in net income to $104 million for the first quarter of 2015. CIT said first quarter results were impacted by a higher tax provision resulting from the recognition of fede...
The average domestic air fare increased to $393 in the fourth quarter of 2014, up 2.0 percent from $385 in the fourth quarter of 2013, adjusted for inflation, the US Department of Transportation’s Bur...
Spirit Airlines’ total revenue per available seat mile for the first quarter of 2015 fell 9.9% as capacity, which rose 25% during the period, exceeded bookings. Spirit said the RASM decrease was drive...
Aviation Capital Group (ACG) has appointed Eric Blau as vice president and treasurer. “Eric brings broad industry expertise to ACG through his capital markets and aviation asset experience,” said Madh...
Air Lease Corporation has delivered one Boeing 737-800 NG aircraft (MSN 30286) to Belavia (Belarus) on long term lease from ALC. The delivery of the aircraft, which was formerly on lease from ALC to A...
Boeing Chairman and Chief Executive Officer Jim McNerney reports that the board of directors today declared a regular quarterly dividend of ninety-one ($0.91) cents per share. The dividend is payable ...
United Technologies Corp.'s Board of Directors today declared a dividend of 64 cents per common share payable June 10 to shareowners of record at the close of business May 15. The ex-dividend date is ...
JetBlue Airways has reported operating income of $253 million in the first quarter of 2015. This compares to operating income of $41 million in the first quarter of 2014. The carrier posted a pre-tax ...
Airlink is currently helping its partners respond to the 7.8 magnitude earthquake in Nepal that devastated the cities of Kathmandu and Pokhara at noon local time on Saturday, April 25. Between 700 and...
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