Korean Air net income slips in third quarter
Korean Air reported a net income of $209.6 million in the third quarter of 2024, slipping 35% from the same period last year. The company reported revenues of $3.2bn for the quarter - up 10% from last...
Korean Air reported a net income of $209.6 million in the third quarter of 2024, slipping 35% from the same period last year. The company reported revenues of $3.2bn for the quarter - up 10% from last...
Brazilian carrier GOL Linhas Aéreas Inteligentes reported a net loss of 830 million Brazilian reals ($142.6 million) for the third quarter of 2024. However, it is a rebound from last year's third quar...
Aviation Capital Group (ACG) reported total revenues of $923.1 million for the third quarter of 2024, up from $893.6 million in the same period last year. Net profit slipped slightly from $114.1 milli...
The Federal Aviation Authority (FAA) has banned all US carrier from operating in Haitian airspace for 30 days.The FAA imposed a Notice to Airmen (NOTAM) to all US carriers which prohibits them from wi...
Aircraft Leasing & Management (ALM), a wholly owned subsidiary of Fuyo General Lease (Fuyo) has arranged the lease of one A320-200neo aircraft to Turkish Airlines.This is the second and final of two P...
Commercial aviation financing platform Ashland Place has completed a new facility financing the acquisition of one 737-800 aircraft for Crestone Air Partners, Air T and Mill Road Capital Management.“W...
SAS has joined a collaboration between Danish green hydrogen producers and Dutch industrial markets. The partnership was formalised at the Dutch-Danish Forum on hydrogen cooperation at the premises of...
Boeing has forecast that air cargo traffic will increase by an average of 4% each year up until 2043. These projections appear in Boeing's 2024 World Air Cargo Forecast (WACF), the company’s biennial ...
Spirit AeroSystems has established a second amended and restated memorandum of agreement with Airbus, in which Airbus has agreed to provide Spirit a non-interest-bearing line of credit totalling $107 ...
Marc Parent, chief executive officer of CAE, is to leave the company after a 20-year tenure, during which he served as both president and CEO."Under Marc's leadership, CAE has become a global leader i...
AerCap has secured a settlement with one of the insurers related to aircraft stranded in Russia as a result of the Ukraine conflict, the company said in a filing on November 13, 2024. The company was ...
Spirit Airlines' acquisition by Frontier Airlines has reportedly fell through, according to a Wall Street Journal report on November 12, 2024. The airline is reportedly moving towards filing for bankr...
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