SpeedNews

By Stephen Costley

FEDEX plans by mid-2026 to separate LTL carrier FEDEX FREIGHT via capital markets into new publicly traded company.

Air Transport

By Stephen Costley

AVTECH secured subscription from LATAM for its ClearPath and Aventus services that provide tactical decision support to improve flight efficiency.

Air Transport

By Stephen Costley

AMERICAN AIRLINES plans March 2 to begin daily San Antonio, TX-Reagan National (A321).

Air Transport

By Stephen Costley

LUFTHANSA ordered five more A350-1000s for 2028-2030 and has now ordered 15, plus 60 A350-900s (28 delivered).

Air Transport

By Stephen Costley

AIR CANADA ordered five more A220-300s and has now ordered 65 (34 delivered).

Air Transport

By Stephen Costley

WILLIS LEASE FINANCE agreed to purchase nine new PW1133G-JMs from Pratt & Whitney in deal valued at $200m.

Air Transport

By Stephen Costley

CURTISS-WRIGHT developed airborne high-speed Ethernet data recorder for flight test programs; it captures 180 TB of data for 3-hour recording time.

Aerospace

By Stephen Costley

ARCHER AVIATION completed construction of its 400,000 sq ft eVTOL manufacturing facility at Covington Airport, GA; production is to start in early 2025 (two aircraft per month by end 2025) with goal reaching 650 per year by 2030.

Aerospace

By Stephen Costley

GATES SPAH(W), OH received FAA approval to add limited airframe capabilities and borescope inspections and engine changes on both CF6- and PW4000-powered 767s to its operations specifications.

MRO