Embraer CEO Discusses New Aircraft Development Plans
Brazilian aircraft manufacturer Embraer is exploring the possibility of developing a new jet, as CEO Francisco Gomes Neto revealed in… Read More »
AirBaltic Opens New Route to Rzeszów, Connecting Ukrainians
AirBaltic is launching a new route from Riga, Latvia, to Rzeszów-Jasionka Airport (RZE) in Poland, designed to provide Ukrainians with… Read More »
Major Airlines Cut China Services Amid High Costs, Low Demand
Global airlines are reducing or entirely suspending services to China, citing increased costs from longer routes and weak demand. Following… Read More »
Spirit AeroSystems to Furlough 700 Amid Boeing Strike
Spirit AeroSystems, a key supplier to Boeing, announced plans to furlough approximately 700 employees as the machinist strike at Boeing… Read More »
Global Destinations Offer Cheap Airfare During Shoulder Season, With Europe Flights as Low as $483 Roundtrip
Shoulder season, the perfect time for travelers to explore new destinations at a fraction of the usual cost, is here…. Read More »
Southwest Airlines and Elliott Reach Deal to Keep CEO
Southwest Airlines has entered into a significant agreement with activist hedge fund Elliott Investment Management, successfully averting a potential proxy… Read More »
American Airlines Boosts 2024 Profit Forecast Amid Losses
American Airlines has announced a third-quarter loss but has simultaneously raised its profit forecast for the year, signaling that its… Read More »
Southwest Airlines Exceeds Profit Estimates, Sees Q4 Revenue Growth
Southwest Airlines has reported a third-quarter profit that, while lower than the previous year, surpassed Wall Street expectations as the… Read More »
Top Retirement Destination for Middle-Class Americans Revealed
Retirement is a goal that may seem out of reach for many, with the average American worker estimating they’ll need… Read More »
Researchers Develop Backup Navigation System for Aircraft Using Cellphone Towers
In a world increasingly reliant on GPS for navigation—from casual weekend road trips to critical commercial airline routes—a team of… Read More »
Boeing’s Starliner Faces $1.85 Billion Loss Amid Persistent Delays and Issues
Boeing’s CST-100 Starliner program has reached a significant financial toll, with the aerospace giant now facing $1.85 billion in losses… Read More »
Spirit AeroSystems’ Losses Widen as Cash Reserves Drop Amid Boeing Strike
Spirit AeroSystems reported mounting losses in its third-quarter earnings, with net losses reaching $217 million, more than double the $101… Read More »