Stephen A. Costley

Editor-in-Chief, SpeedNews

Los Angeles, CA

Summary

Steve Costley is responsible for the production of SpeedNews.

Steve has over 30 years of experience with SpeedNews, now part of the Aviation Week Network. He joined the company in August 1989 as an Associate Editor and was named Managing Editor in 1994. He was also named Vice President and Chief Operating Officer of SpeedNews, Inc., in the late 1990s, and held those titles until Prism Business Media acquired the company from Gil Speed in 2006.

Born in Los Angeles, CA, Steve spent his first four post-collegiate years teaching sophomore American Literature and senior Writing for College courses at Chaminade College Preparatory in Southern California’s San Fernando Valley. In addition to his teaching duties, he was Assistant Athletic Director, Sports Information Director and Varsity Baseball Coach, and was named Head Coach of the Los Angeles Daily News’ Bernie Milligan All-Star Game in 1988. He also worked two years in Houston, TX as Director of Purchasing and Customer Service for Aerospace Interiors, an aircraft interior refurbishment shop that was later acquired by B/E Aerospace.

Steve has participated in many air shows, including Paris, Farnborough, Singapore and Dubai, and has attended other numerous industry conferences and conventions, such as ISTAT, Aircraft Interiors Expo, MRO, ACPC, RAA, NBAA, and of course the SpeedNews’ Suppliers Conferences. He has appeared on CNBC as an aviation analyst, and has been quoted in various newspapers, including the Los Angeles Times.

Steve holds a Bachelor of Arts degree in Journalism from California State University at Northridge. He is a member of the International Society of Transport Aircraft Traders (ISTAT), and has competed in several local, state and national amateur golf tournaments, including the United States Amateur Championship.

Articles

By Stephen Costley

SMARTLYNX AIRLINES (Avia Solutions Group) plans in 2025 to restructure its fleet and transition to single-type (A320 Family) operations. It ended 2024 with 68 aircraft, including 12 737s, and will also be scaling down A321F operations.

Air Transport

By Stephen Costley

PHOENIX AVIATION CAPITAL acquired A321neo (11845; leased to INDIGO) from ORIX Aviation. AIP Capital will manage.

Air Transport

By Stephen Costley

LUFTHANSA GROUP had €550m net income on €10.4b revenues in 4Q24 vs €67m on €9.7b in 4Q23; and €1.38b net income on record €37.6b in 2024 vs €1.67b on €35.4b in 2023. Its pax airlines business segment earned €1b on €29.7b in 2024 vs €2b on €28.3b in 2023 and ended year with 735 aircraft (vs 721), with 242 on order for delivery in 2025-2032.

Air Transport