Boeing will lower the production rate on the 747-8 program to match supply with near-term demand in the cargo market. To account for the market and production impacts, the company will recognize a $56...
SkyWorks Holdings, the aviation asset management, investment banking, and advisory firm, and InterVISTAS Consulting, a management consultancy in aviation, transportation and tourism, have announced th...
Boeing says airlines and lessors will continue to have access to efficient funding at attractive pricing throughout 2016 as new participants enter the aircraft financing industry and current participa...
Southwest Airlines has reported record fourth quarter net income, and record annual operating income of $4.0 billion, excluding special items, resulting in an operating margin of 20.1 percent. Gary C....
Delta Air Lines has reported financial results for the December 2015 quarter, including adjusted pre-tax income of $1.45 billion, a $430 million increase year over year. Adjusted net income was $926 ...
The US Department of Transportation has fined United Airlines $2.75 million dollars (€2.52 million) for allegedly failing to adequately provide for passengers with disabilities. An inquiry found that,...
The US Department of Transportation’s (DOT) Federal Aviation Administration (FAA) proposes a $417,500 civil penalty against FedEx of Memphis, Tenn., for allegedly operating an aircraft that was not in...
On January 10, 2016 WestJet celebrated its first flight from Alberta to Hawaii using its own Boeing 767-300 extended-range aircraft. The airline will operate two 767s from Calgary and Edmonton to Hon...
Hawaiian Airlines employees represented by the International Association of Machinists and Aerospace Workers (IAM) have ratified tentative agreements reached with the airline in December. The five-yea...
United Airlines passenger unit revenue fell between 5.75% and 6.25% in the fourth quarter 2015 compared to the year-ago period. The airline said that this may have fallen more than expected in the fou...
Boeing has elected Heidi B. Capozzi, 46, a corporate senior vice president, and named her to replace Tony Parasida as the company's human resources leader effective March 1, 2016. Parasida, senior vic...
LAN CARGO informs that the General Court of the European Union annulled today the EU Commission’s decision on alleged infringement of EU competition rules during the period between 2003 and 2006, full...
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