Porter Aircraft Leasing and Avolon have entered into a sale and leaseback agreement covering four Pratt & Whitney engines powering Embraer E195-E2 aircraft.
Airlines hoping for a 2025 free from the engine and supply chain issues that have plagued the industry in the past years are likely in for a disappointment.
Swiss International Air Lines will continue to operate its A220 fleet following an incident that caused smoke to enter the cockpit and cabin, leading to the death of a flight attendant.
The grounding of several aircraft due to engine issues is set to dent Air New Zealand’s earnings, but the carrier still expects to record a half-year profit.
Ethiopian Airlines is ready to place an order for a “double-digit” number of Embraer E2s or Airbus A220s, but not until the types’ engine issues are resolved.
Air New Zealand and Pratt & Whitney are expanding their joint venture engine maintenance center in Christchurch to add capability for GTF engine overhauls.
Executives from Mexican ultra-low-cost carrier Volaris delivered a message during a recent earnings discussion: Do not compare us to our U.S. counterparts.
Wizz Air's operating profit for the six months ending Sept. 30 dropped 33% to €349.2 million ($375 million), compared to €522.9 million in the year-ago period.
Howmet Aerospace’s revenue and net income both grew at a steady clip in the third quarter thanks to strong demand for engines and within the aftermarket.
Although Turkish Airlines has faced challenges with delivery delays and GTF engine-related groundings, it expects to operate a fleet of 530 aircraft in 2025.
