Air Canada's shares fell over 8% on May 2, 2024, after it posted a net loss of CA$81 million ($59.3 million) in the first quarter of the year, a sharp fall from its net profit of CA$4 million ($2.9 mi...
Singapore lessor Aviation PLC and ATR have signed a firm order for 10 ATR 72-600. Deliveries are scheduled between 2025 and 2028. The agreement features 24 purchase rights, extending until 2034. ""...
Aviation Capital Group (ACG) has promoted Rob Downes to senior vice president and chief investment officer and John Nally to vice president, head of aircraft trading. Downes will help design and im...
Total passenger demand, measured in revenue passenger kilometres (RPKs), was up 13.8% in March 2024 year-on-year (YoY). Total capacity, measured in available seat kilometres (ASKs), was up 12.3% (YoY)...
Pratt & Whitney Canada and TAAG Angola Airlines have signed a six-year fleet management program agreement. The engine maintenance services cover the airline's PW150A engines which power its fleet of D...
Texas-based maintenance, repair, and overhaul (MRO) company Jets MRO has entered a strategic partnership with Aircraft Custom Interiors (ACI). This partnership aims to ""elevate the standards of co...
The Civil Aviation Administration of China (CAAC) has officially accepted German-based AutoFlight’s application for the type certificate (TC) of its Prosperity five-seater electric vertical take-off a...
The Australian Competition and Consumer Commission (ACCC) has issued a draft determination proposing to grant authorisation to Virgin Australia and Air New Zealand for proposed unilateral code sharing...
Eve Air Mobility has been named a member of Japan's advanced air mobility (AAM) public-private committee. The committee, established in 2018, is responsible for evaluating and making recommendations o...
Frontier Airlines has reported a net loss of $26 million for the first quarter, up from its net loss of $13 million in last year's first quarter. Though, its revenues were up 2% year-on-year (YoY) to ...
Air cargo demand, measured in cargo tonne-kilometres (CTKs), rose by 10.3 in March 2024, compared to March 2023, data from the International Air Transport Association (IATA) showed. Global capacity, m...
Sustainable electric aircraft manufacturer Bye Aerospace has appointed Rod Zastrow as its CEO, with Zastrow having previously served as its president and chief operating officer. He will continue his ...
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