Copa Airlines' parent Copa Holdings reported a net profit of $166.2 million, or $3.99 per share, for the fourth quarter of 2024, slipping 11.5% compared to the same period in 2023.Operating profits fe...
Werner Aero has acquired one A319-100 aircraft from FTAI Aviation, expanding the company’s inventory.The aircraft will be dismantled at Air Salvage International at Cotswold Airport, UK, to extract sp...
Boeing delivered 45 commercial aircraft in January 2025, only one short of pre-COVID levels where it delivered 46 aircraft in January 2019. The total is also a considerable improvement on the same per...
Delta Air Lines filed a prospectus to sell up to 9.2 million shares of common stock by the selling stockholder. “The shares of our common stock may be offered for sale from time to time by JPMorgan Ch...
Spirit Airlines has rejected yet another merger offer from Frontier Airlines on February 11, 2025. This follows a recently rejected $400 million proposition to merge the two ultra low-cost carriers at...
Electric vertical take-off and landing (eVTOL) aircraft developer Archer Aviation has raised $300 million in a funding round that included participation from institutional investors along with funds a...
LATAM group carried 7.5 million passengers in January 2025, an increase of 5.8% in comparison to the same month of the year prior.The group's capacity increased 9.5% compared to January 2024. LATAM ci...
Frontier said it is acting swiftly to make reach a merger deal with Spirit Airlines.“We obviously know Spirit very well and are prepared to move quickly to engage to make this compelling opportunity h...
The Federal Aviation Administration (FAA) and the US National Transportation Safety Board (NTSB) have launched an investigation, after two planes collided at Scottsdale municipal airport, Arizona on F...
Southwest Airlines has selected Tom Doxey as its new chief financial officer (CFO) and executive vice president (EVP) on February 10, 2025. Doxey will replace retiring CFO Tammy Romo. “Tom's expertise...
Shareholders of aviation solutions firm Air Transport Services Group (ATSG) have voted to approve a merger with alternative investment firm Stonepeak.ATSG entered into a definitive agreement to be acq...
Spirit AeroSystems said its fourth quarter 2024 revenues will hit $1.66bn on February 10, 2025, in its preliminary results. The results exceed Wall Street estimates of around $1.5bn, though still down...
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