American Airlines posts first quarterly loss in six years
American is slashing expenses, but not fast enough to stop big profit losses. Here are the details on its first quarter and what it expects going forward.
American is slashing expenses, but not fast enough to stop big profit losses. Here are the details on its first quarter and what it expects going forward.
Airlines are in survival mode and could permanently rid themselves of older aircraft in effort to help financial recovery.
Pushing back reintroduction of the 737 MAX into airline schedules has become a predictable routine. American Airlines now says it won’t start flying the plane until June 4. Let’s see if that holds.
Boeing has a new CEO who is tasked with restoring a culture of safety and shoring up the bottom line, but suppliers are now having to cut overhead to deal with the halt in production for the 737 MAX.
Airbus is expanding its aircraft manufacturing operations on Boeing’s home turf.
An unmanned hybrid electric aircraft creates a new wave of transportation that does not rely on infrastructure
The delay of aircraft components and replacement parts can mean tens of thousands of dollars in losses for airlines waiting to make necessary repairs, which is why so many turn to specialized logistics providers.
United Airlines continues to build more of its fleet around Airbus aircraft with an order for 50 narrow-body A321s.
American Airlines [NYSE: AAL] won’t have to make any major fleet decisions for at least six years after completing a $30 billion, multiyear modernization program, positioning American to significantly increase free cash flow and returns to shareholders, according to company executives. Since 2013, the Dallas-based airline has replaced nearly 500 aircraft and now has about […]
Sabrewing Aircraft Company has developed an unmanned vertical take-off and landing (VTOL) cargo aircraft that is now closer to being a commercial reality, with it getting an order for 10 aircraft from the Aleut Community of St. Paul Island (ACSPI).
We look at the grounding of Boeing 737 MAX aircraft and just how much of an impact it will have.
Airbus is ending production of the A380. Those in air cargo won’t miss the plane, because as big as it is, it doesn’t hold that much cargo!
Airbus (AIR: EURONEXT) broke ground for its new A220 manufacturing facility in Mobile, Alabama on Wednesday. The newest airliner in Airbus’ product line, the A220 is designed to revolutionize the market for 100-150 seat aircraft.
Durable goods orders fell in January, indicating that demand may be losing some steam after running hot over the past several months.