Bombardier has reported revenues of US$1.9 billion in the third quarter 2023, a 28% year-over-year increase, fuelled primarily by strong aircraft sales and aftermarket growth. The company delivered 31 aircraft in the third quarter 2023, up six aircraft compared to the same quarter last year, bringing it to a total of 82 deliveries for the year. […]
Bombardier posts solid financial results for third quarter 2023 Read More »
As the aviation industry grapples with increased costs, including those related to fuel and labour, Delta Air Lines is taking steps to reduce its expenses. The company is implementing a series of measures, including corporate job cuts, to align with its financial goals. In a statement provided to CNBC, Delta explained, “While we’re not yet
Delta Air Lines implements corporate job cuts to mitigate rising expenses Read More »
Following a long-standing career spanning almost twenty years with the company, Textron Aviation welcomes Chad Archer to Senior Vice President and Chief Financial Officer (CFO) effective January 1, 2024. Archer most recently served as Vice President, Financial Planning and Analysis and Strategy. During his tenure with Textron Aviation, he has held various leadership positions within
Chad Archer promoted to SVP and Chief Financial Officer for Textron Aviation Read More »
Stratos has continued its successful placement of various aircraft for third-parties. The company recently arranged the sale of an ex-Philippine Airlines’ B777-300ER,MSN61733, which was delivered to a leading Middle Eastern VIP operator. The six-year-old aircraft was sold on behalf of a syndicate of mainly European lenders led by NordLB who retained Stratos to repossess and
Stratos continues successful placement of various aircraft for third parties Read More »
Global air cargo tonnages stabilised in October close to its levels this time last year, with preliminary full-month tonnage figures for October down just 1% compared to those in October 2022, having tracked last October’s demand patterns closely on a week-by-week basis throughout the month, according to the latest figures from WorldACD Market Data. That difference
October tonnages track close to last year’s levels Read More »
Copenhagen Airport, joins Heart Aerospace’s Industry Advisory Board to provide input on the design, development and commercialisation of the Swedish company’s regional electric airplane, the ES-30. Heart Aerospace’s Industry Advisory Board consists of airlines, governments, leasing companies and airports from all over the world, each representing a key part of the aviation ecosystem necessary to
Copenhagen Airport becomes newest member of Heart Aerospace’s Industry Advisory Board Read More »
