Triumph Group, a US-based aerospace systems and components provider, has reported its financial results for the second quarter of fiscal 2025, which ended September 30, 2024. The company achieved a 1% increase in net sales, totaling $287.5 million, and posted net income from continuing operations of $11.9 million. These results reflect Triumph Group’s steady progress in its fiscal strategy, focusing on enhancing…
ABX Air has recently commenced operations with the 10th Boeing 767-300F aircraft in its fleet for Amazon. This specific aircraft, previously managed by Atlas Air, has been repositioned to ABX Air as part of Amazon’s strategy to expand its dedicated air cargo network in the United States. By integrating this aircraft into ABX Air’s operations, Amazon aims to bolster its…
GE Aerospace, a major player in aviation engine manufacturing, has entered an MRO offload agreement with United Aerospace Maintenance Company based in Cyprus. This partnership will focus on providing quick turn workscopes for LEAP engines, allowing GE Aerospace to enhance its maintenance capabilities and improve turnaround times for customers. The LEAP engine, known for its fuel efficiency and advanced technology,…
CommuteAir, a regional carrier based in the United States, has entered into a strategic consignment partnership with AeroVision International to manage and distribute ERJ145 aircraft parts. Under this agreement, AeroVision will oversee the repair and resale of parts sourced from CommuteAir’s ERJ145 aircraft following teardown, enabling both companies to leverage valuable components from retired aircraft in the aftermarket. This collaboration…
United Airlines, one of the largest carriers in the United States, has added a new A321neo to its fleet, serial number 12103, powered by PW1133G-JM engines. This latest delivery is part of United’s commitment to modernizing its fleet with advanced, fuel-efficient aircraft that align with its sustainability goals. The A321neo offers United Airlines increased capacity and efficiency, ideal for meeting the…
American Airlines has announced the cancellation of its previously planned service resumption between Chicago O’Hare (ORD) and Venice Marco Polo (VCE), which was scheduled to commence on June 4, 2025. This decision reflects ongoing adjustments in American Airlines’ network planning as the carrier evaluates demand and resource allocation for its transatlantic routes. The Chicago-Venice route has been popular with leisure…
Spirit AeroSystems, a leading U.S.-based aerospace manufacturer, has issued a stark warning regarding its financial health, stating that there is “substantial doubt” about the company’s ability to continue as a going concern. This cautionary statement comes as Spirit AeroSystems faces significant cash flow challenges, with cash reserves reportedly dwindling at a concerning rate. The announcement underscores…
GE Aerospace has announced that Xiamen Airlines, a leading carrier in China, has signed a TrueChoice service agreement to cover maintenance, repair, and overhaul (MRO) services for 35 GEnx engines. These engines power Xiamen Airlines’ fleet of Boeing 787 aircraft, which are instrumental in the airline’s long-haul operations. The TrueChoice agreement reflects both companies’ commitment to enhancing engine performance and maximizing operational efficiency for…
VSE Corporation, a prominent U.S.-based provider of aftermarket distribution and MRO (maintenance, repair, and overhaul) services, announced a strong performance for the third quarter of 2024. The company reported an 18.3% increase in total revenue, bringing its quarterly earnings to $273.6 million. This growth is attributed to expanded demand in VSE’s aviation, fleet, and federal services segments,…
Spirit AeroSystems, a leading U.S.-based aerospace manufacturer specializing in aerostructures, has reported a modest 2% increase in revenues for the third quarter of 2024, totaling $1.47 billion. This growth comes amid ongoing challenges in the aerospace sector, highlighting the company’s resilience and demand for its components, especially in commercial aviation. However, Spirit AeroSystems also reported…
