Phoenix Aviation Capital acquired one 787-8 aircraft on long term lease with LOT Polish. The aircraft acquired is a 2014 vintage powered by Trent 1000 engines. In September 2024, Phoenix had placed fo...
SkyWest's board has approved a $250 million increase it to its share repurchase programme. The authorisation adds to the company's previous share repurchase plan approved in May 2023, which authorised...
US regional carrier Silver Airways has lined up a bid of nearly $5.8 million for nearly all of its assets, after the cash-strapped airline filed an emergency motion seeking court approval for the sale...
Two United Airlines 777 aircraft made contact on the ground at San Francisco International Airport on May 6, 2025.The incident occurred during the pushback of one aircraft, while the other was taxiing...
Allegiant swung to a profit of $32.1 million in the first quarter of 2025, compared to a net loss of $0.9 million in the same period last year.The company's revenues were up 6.5% to $699.1 million, wh...
FTAI Aviation reported strong first quarter with results, with net income more than doubling from $39.6 million to $102.4 million in the period. Revenues jumped from $326.7 million to $502.1 million, ...
American Airlines and Qantas are expanding their joint business partnership by increasing frequencies between the US and Australia during the winter period.Commencing on December 5, 2025, American Air...
Air Canada is increasing seat capacity on Latin American services during the upcoming winter period, with the airline introducing four new destinations and 13 new routes.The airline said new services ...
Embraer reported strong first quarter 2025 results, driven by higher deliveries during the period. The Brazilian OEM reported a net profit of $73.4 million in the period, more than doubling from $28.7...
Air Lease Corporation CEO and president John Plueger said during the company’s first quarter earnings call that tariffs would “further weaken the supply chain” to airframe OEMs. He added: “This means ...
Air traffic controllers at Newark’s Liberty airport lost contact with planes for 30 seconds last week, US Transportation Secretary Sean Duffy confirmed.“The primary communication line went down, and t...
Willis Lease Finance Corporate (WLFC) CEO Austin Willis said the company is confident in its core engine leasing business despite market volatility created by tariffs, he said during the company’s fir...
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