Howmet Aerospace beat Wall Street’s revenue and profit expectations in the fourth quarter of 2023 on the back of robust demand for its commercial products.
Pratt expects the number of grounded A320neos to peak by April 1 as engine removals to check parts with contaminated powder metal (PM) continue to rise.
2024 is shaping up to be a strong year for the aircraft asset market as global air traffic recovers to pre-pandemic levels amid a limited supply of new jets.
Korean Air has agreed to sell off Asiana Airlines' cargo business and support T'Way's European expansion to secure approval from Brussels for the takeover.