Lockheed Martin Corporation has reported second quarter 2025 sales of US$18.2 billion, compared to US$18.1 billion for the same period in 2024. Net earnings for the quarter stood at US$342 million, or US$1.46 per share, which included US$1.6 billion in programme losses and US$169 million in other charges. This is significantly lower than the US$1.6 […]
Lockheed Martin reports lower profits and cash flow in Q2 2025 Read More »
ACIA Aero Leasing (ACIA), a prominent provider of regional aircraft leasing and lease management services, has signed a TrueChoice agreement with GE Aerospace covering maintenance, repair, and overhaul (MRO) services for its CF34-10E engines. This deal will support ACIA’s plans to expand its Embraer E1 regional jet platform. The agreement enables ACIA to source and
ACIA and GE Aerospace sign maintenance deal Read More »
Trax, a global provider of paperless aviation maintenance and engineering software, announced the expansion of its agreement with JetBlue Airways to include an additional eMobility app and Trax’s cloud hosting solution. This strategic move supports JetBlue’s vision to fully digitise its TechOps function, driving efficiency, operational resilience, and scalability. JetBlue currently uses Trax solutions to
Trax widens agreement with JetBlue to include eMobility app Read More »
Chorus Aviation (Chorus) has announced an agreement to acquire Elisen & Associates Inc., a respected Montreal-based provider of aerospace engineering and certification services. Founded in 1997 by Stephane Durand and Taif Rahman, Elisen has cultivated a robust reputation for its expertise in highly technical aerospace projects. Its portfolio spans modifications for commercial, business and rotary
Chorus Aviation to acquire Montreal-based Elisen & Associates Read More »
Volaris has posted a net loss of US$63 million for the latest quarter, equivalent to a loss of US$0.55 per American Depositary Share (ADS). Total operating revenues declined by 5% to US$693 million, driven by weaker unit revenues. Revenue per available seat mile (TRASM) dropped by 12% to US$7.80, despite a 9% increase in capacity,
Volaris posts US$63 million net loss as revenues and margins decline Read More »
ITP Aero has entered into a five-year exclusive maintenance, repair and overhaul (MRO) agreement with Summit Helicopters, aimed at providing full support for PW206 and PW207 engines. Summit Helicopters, based in Salem, Virginia, is a well-established name in the helicopter maintenance sector and holds recognition as a Bell Customer Service Facility as well as an
ITP Aero signs five-year exclusive MRO deal with Summit Helicopters Read More »
Lufthansa Technik is expanding its footprint in India by deepening its partnership with IndiGo, one of the country’s largest and fastest-growing airlines. Under new long-term agreements, Lufthansa Technik has been appointed to provide extensive lease return support and comprehensive maintenance, repair and overhaul (MRO) services for a substantial portion of IndiGo’s Airbus A320-family fleet. These
Lufthansa Technik strengthens MRO partnership with IndiGo Read More »
Safran has officially closed the acquisition of Collins Aerospace’s flight control and actuation activities, marking a pivotal step in becoming a global leader in the field. These systems are essential to the operation of commercial and military aircraft, as well as helicopters, and are regarded as mission-critical components. The acquisition significantly strengthens Safran’s position in
Safran acquires Collins Aerospace’s flight control business Read More »
SkyWorks Holdings (SkyWorks) has reported a dynamic second quarter for 2025, marked by the completion of several high-profile aviation transactions and the securing of new advisory mandates across its global platform. Among the highlights of the quarter was the completion of a significant assignment for SAS – Scandinavian Airlines, which resulted in an order for
SkyWorks reports strong Q2 2025 activity in aviation advisory and asset management Read More »
Alaska Airlines has resumed operations following a temporary suspension of all flights due to a software outage that affected its entire fleet and that of its regional subsidiary, Horizon Air. The disruption began late Sunday night, when the airline requested a full ground stop for over 200 aircraft operating under the Alaska Airlines brand. The
Alaska Airlines resumes flights after software outage grounds entire fleet Read More »
