Southwest Airlines has posted a surprising third-quarter profit – beating expectations – and saw its share price rise more than 3% as a result.Profits totalled $54 million in the third quarter, though...
American Airlines has posted a third-quarter net loss of $114 million, despite delivering a record third-quarter revenue of $13.7bn.Passenger revenue for the quarter came in at $12.5bn, cargo revenue ...
Onex Partners, the controlling shareholder of WestJet, has sold a 25% equity stake in the company to Delta Air Lines, Korean Air, and Air France-KLM, for a total investment of $547 million.The equity ...
Phoenix Aviation Capital, managed by AIP Capital, has upsized its $300 million senior secured credit facility to $550 million.The facility will provide the company additional capacity and flexibility ...
Aviation Capital Group has delivered three A321neo to European low-cost carrier Wizz Air. The aircraft are powered by Pratt & Whitney GTF engines. The lessor has now delivered 12 aircraft in total to ...
Allegiant has repaid $120 million of its senior secured notes due August 2027 last week, the company said in an SEC filing on Tuesday (October 21). The remaining balance outstanding on its 2027 senior...
Aquila Air Capital has added Cornelius Poon to its commercial team for the Asia Pacific region. Poon will report to the company's chief commercial officer, Chance Fowler. His official title will be vi...
Willis Lease Finance Corporation's (WLFC) MRO services subsidiary Wilis Aviation Services has signed a 250-year lease for an additional 50 acres at Teesside International Airport in Northeastern Engla...
US-based holding company Air T has entered into a sale and implementation deed and a reconstruction deed with the court-appointed administrators of Rex, a major Australian regional airline.Under the p...
RTX has updated its 2025 outlook after reporting strong third-quarter results. Adjusted sales for the full year are expected to be $86.5bn-$87bn, up from $84.75bn-$85.5bn. This would translate to orga...
GE Aerospace has reported “exceptional” third-quarter results, while raising guidance “across the board” going into the final quarter of 2025.On Tuesday (October 21), the company reported third-quarte...
ECS Group, a global general sales and service agency (GSSA) for the air cargo industry, has appointed João Ferreira as its new regional commercial director for the Americas.Entering his 30th year in t...
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