Textron Aviation Strikers to Vote on New Contract Deal
Textron Aviation workers who have been striking since September are set to vote on an improved contract offer aimed at… Read More »
Airbus Reaffirms Delivery Target, Names New Jet CEO
Airbus has reaffirmed its target of delivering 770 aircraft in 2024, despite facing ongoing supply chain hurdles, according to its… Read More »
TARMAC Aerosave to Recycle Three A380s for Spare Parts
French aircraft MRO specialist TARMAC Aerosave has acquired three additional Airbus A380s for dismantling and recycling, aiming to bolster the… Read More »
Textron Aviation’s Q3 2024 Results Hit by Strike Impact
Textron Aviation’s third-quarter 2024 financial report reveals a significant impact from a recent four-week labor strike in Wichita, affecting production… Read More »
DAE Acquires 10 Next-Gen Narrow-Body Aircraft
Dubai Aerospace Enterprise (DAE) has solidified its position in the aviation sector by agreeing to acquire 10 narrow-body, next-generation aircraft… Read More »
Boeing Union Supports Improved Contract, Vote Monday
Boeing and the machinists’ union have reached a tentative agreement on an improved contract that could end the ongoing seven-week… Read More »
Tata, Airbus Launch C295 Manufacturing in India
Tata Advanced Systems and Airbus have inaugurated a new Final Assembly Line (FAL) in Vadodara, Gujarat, dedicated to manufacturing C295… Read More »
All Nippon Airways Stays Confident on Full-Year Earnings Despite Profit Drop
ANA Holdings, the parent company of All Nippon Airways (ANA), remains optimistic about its full-year earnings forecast despite a decline… Read More »
Union Backs Boeing Strikers’ Vote on 38% Pay Rise Offer
After seven weeks of industrial action, the International Association of Machinists and Aerospace Workers (IAM) is urging Boeing employees to… Read More »
Spirit Airlines to Furlough 330 Pilots in January 2025
Spirit Airlines has announced plans to furlough approximately 330 pilots starting January 31, 2025, as part of an effort to… Read More »
King Khalid International Airport Sees Record Growth and New Airlines
King Khalid International Airport (RUH), operated by Riyadh Airports Company, is experiencing remarkable growth, serving the Saudi capital and connecting… Read More »
Textron Workers Accept New Contract, Strike Ends
Textron Aviation workers in Wichita have ended their four-week strike after voting to accept an improved five-year contract. Represented by… Read More »
UK Air Passenger Duty Rises 50% for Private Jets
The UK’s revised Air Passenger Duty (APD) rules, revealed on October 30, 2024, introduce increased costs for both commercial and… Read More »
Boeing Launches 90M Common Shares, $5B Depositary Offering
Boeing has initiated a major capital-raising effort with an offering of 90 million shares of common stock and $5 billion… Read More »
Pakistan’s PIA Stake Sale Set for October 30
The Pakistani government is poised to move forward with the sale of a majority stake in Pakistan International Airlines (PIA)… Read More »
Embraer Aircraft Deliveries Soar 33% as Private Jets Lead
Embraer has announced a notable increase in its aircraft deliveries, reporting a 33% rise year-over-year in its latest quarterly results,… Read More »
CDC Links Hot Tubs to Legionnaires’ Disease Outbreaks on Cruises
A recent report from the Centers for Disease Control and Prevention (CDC) has identified private balcony hot tubs as the… Read More »
SpiceJet Faces New Insolvency Cases Amid Settlements
SpiceJet (SG), the low-cost carrier based in Delhi, is facing new insolvency petitions from a lessor and a logistics company,… Read More »
Abra Group Finalizes $1.25 Billion Refinancing Deal
Abra Group, the parent company of Avianca Airlines, GOL Linhas Aéreas Inteligentes, and Wamos Air, has successfully completed two significant… Read More »
Boeing Machinists Reject Contract, Strike Nears Six Weeks
The machinists’ union representing 33,000 striking Boeing workers on the West Coast has rejected Boeing’s latest contract proposal, extending the… Read More »
Aer Lingus to Cut Staff Amid Profitability Issues
Aer Lingus is set to reduce its workforce due to challenges arising from a planned passenger cap at Dublin International… Read More »
Boeing Reports $6.17 Billion Q3 Loss Amid Worker Strike
Boeing has posted a net loss of $6.17 billion in the third quarter of 2024, largely attributed to the impact… Read More »
Preferred Hotels & Resorts Welcomes 24 New Properties
Preferred Hotels & Resorts, the world’s largest independent hotel brand, has announced the addition of 24 new member properties to… Read More »
Lilium Faces Bankruptcy as Subsidiaries Prepare to Fold
Lilium NV, the parent company of Germany’s Lilium (Oberpfaffenhofen) and Lilium eAircraft, is on the brink of bankruptcy, warning that… Read More »
Spotlight on Campinas Viracopos Airport
Campinas Viracopos Airport, serving the southeastern Brazilian city of Campinas, lies about 100km north of São Paulo, Latin America’s second-largest… Read More »
Lufthansa Group Reports Record Q3 Revenue, Profit Margins Decline
The Lufthansa Group posted record revenue in the third quarter of 2024, marking the strongest quarter in its history with… Read More »