Aviation Daily

CFO Brian West told a Bank of America investor conference that Boeing would buy back Spirit using cash and debt; Boeing ended 2023 with almost $16 billion.

SAS Scandinavia Airlines has received U.S. Bankruptcy Court approval for its reorganization plan and now expects to emerge from Chapter 11 in mid-2024.

The company is working on changing long-established priorities that valued speed over quality.

Cargo hourly utilization in February 2024 was up 11% year-over-year.

The provisional agreement on Single European Sky (SES) reform is being described as a “complete failure” and heavily watered down.

Global passenger aircraft utilization in February 2024 was up 19% year-over-year.

European airlines say they need regulatory support and incentives to be able to meet forthcoming European SAF mandates.

Measuring the maturity of a technology before it actually enters the complex and thorny certification pipeline may be decisive for a swift implementation.

FedEx Express has completed the expansion of its gateway facility at China’s Shenzhen Baoan International Airport.

Incheon International Airport Corp. and two other Filipino companies have won a 25-year concession to operate Manila’s Ninoy Aquino International Airport.

Dominican Republic-based Arajet sees the U.S. market as “critical” to its expansion plans.

Airports in the Caribbean should facilitate tourism and business travel—not be a cash cow for governments, delegates at Routes Americas 2024 are told.

Airline failures in Colombia “opened the window” for JetSMART to enter the country’s domestic market, according to CEO Estuardo Ortiz.

Even as Latin American passenger traffic continues to rebound strongly from COVID, the region’s airlines are struggling financially, IATA's Peter Cerda says.

LATAM Airlines Group is eying expansion in fleet beyond its current order book following a solid 2023.

The remarks come after Colombia’s two ULCCs—Ultra Air and Viva—ceased operations in 2023.

Tier 1 aerostructures supplier GKN Aerospace is expanding production of key Leap 1 components.

Air-to-ground (A2G) inflight connectivity specialist SkyFive is planning to expand its network across the Middle East

Routine drone operations across the country by 2027 and autonomous air taxi demonstration flights by 2030 are among targets set in the future aviation plan.

Amending its April 2021 contract with Boeing, Silk Way West will purchase an additional 777F, scheduled for delivery in 2025.

Whether large commercial MRO providers or financial firms focused on aerospace and defense, the appetite for snapping up aftermarket assets is robust.

International Aero Engines completed the test at MTU Maintenance’s facility in Germany.

Vietnam Airlines’ low-cost subsidiary Pacific Airlines, previously known as Jetstar Pacific, has suspended commercial service.

Maryland and Virginia senators are making another push against adding more long-distance flights from Washington Reagan National Airport (DCA).

As Routes Americas 2024 gets underway in Bogota, airlines operating in Colombia are providing the highest level of domestic capacity ever witnessed.