Concerns surrounding the well-documented aircraft shortage in the market, may be “overdone”, a Bloomberg Intelligence report said. “Despite reports of airplane shortages, our analysis finds that globa...
The International Air Transport Association (IATA) released its methodology for accounting and reporting the emissions reduction associated with the use of sustainable aviation fuels (SAF) by airlines...
Investigators from the US National Transportation Safety Board (NTSB) have recovered the cockpit voice recorder and flight data recorder from American Airlines flight 5342, which crashed into the Poto...
SkyWest reported a net income of $97.4 million, or $2.42 earnings per share (EPS), in the fourth quarter of 2024, more than doubling from $17.5 million, or $0.43, a year prior. In addition, its full y...
Southwest Airlines reported a net income of $261 million, or 44 cent earnings per share (EPS), in the fourth quarter of 2024, swinging from a loss of $252 million, or 42 cent loss per share, a year pr...
JetBlue expects its aircraft on ground (AOG), as a result of the Pratt & Whitney geared turbofan (GTF) engine issues, to reach its peak in the next year or two.The company's CFO Ursula Hurley said in ...
Pratt & Whitney's GTF Advantage engine — an upgraded version of its baseline geared turbofan (GTF) PW1100G engine — is expected to receive Federal Aviation Administration (FAA) approval in the first h...
Passenger demand reached record levels in 2024, according to the International Air Transport Association's (IATA) full year report, published January 30, 2025.According to IATA, total revenue passenge...
An American Airlines jet has crashed into the Potomac River near Reagan National Airport outside of Washington, DC, after colliding with a US Army Black Hawk helicopter on the night of January 29, 202...
Allegiant's fourth quarter 2024 passenger numbers for its scheduled services declined 3.5% to 3.9 million. In addition, its full year passengers declined 2.2% to 16.8 million. Revenue passenger miles ...
Spirit Airlines has rejected Frontier's second proposal to merge the two US low-cost carriers, the airline revealed in an SEC filing on January 29, 2025. In a letter to Frontier, co-signed by Spirit C...
Azul has completed the restructuring of its obligations with nearly all bondholders, lessors, and OEMs, the Brazilian airline said on January 29, 2025. In addition, the company closed its previously a...
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