Daedalus Aviation Secures Used Boeing 737-700 Jets for Major DHS Deportation Push.
Daedalus Aviation Corp. secured a $140 million DHS contract to acquire six Boeing 737 jets for ICE deportation flights, shifting the government's operational model.
Aviation business updates on airline financials, mergers and acquisitions, industry trends, stocks, and commercial developments worldwide.
Daedalus Aviation Corp. secured a $140 million DHS contract to acquire six Boeing 737 jets for ICE deportation flights, shifting the government's operational model.
Aircraft lessor Avolon forecasts sustained low fuel prices in 2026 will boost airline profitability, helping repair balance sheets despite rising labor and maintenance costs.
Global financial turbulence, marked by rising crude oil prices and political uncertainty, casts a shadow over Boeing's upcoming earnings and airline operating costs.
Singapore Airshow 2026 will feature eight aerial displays, including the RAAF F-35A debut and COMAC C919, promising a thrilling showcase from February 3-8.
Ryanair CEO Michael O'Leary claimed his public feud with Elon Musk over Starlink Wi-Fi rejection led to a 2-3% boost in ticket sales, proving the value of controversial marketing.
Delta Air Lines reported a strong 2025 with $63.4 billion in revenue and $4.6 billion in record free cash flow, targeting 20% earnings growth and margin expansion in 2026.
IndiGo's Q3 FY26 net profit plummeted 78% year-on-year due to a ₹2.58 billion hit from one-time costs and forex losses, causing InterGlobe Aviation shares to decline.
Global oil prices spiked nearly 3% following new US sanctions on Iran and military deployment, raising immediate concerns over commercial aviation fuel costs and airline profitability.
Air India received a $125 million insurance payout from global reinsurers for the Boeing 787 hull and engine loss in the Ahmedabad crash; total claim may hit $475 million.
Hexcel's focus on advanced composite materials for new aircraft production makes it a more compelling investment than FTAI Aviation, which dominates the engine aftermarket.
Jefferies analysis suggests GLP-1 drug use, leading to lighter passengers, could save American, Delta, Southwest, and United Airlines $580 million in annual fuel costs.
The commercial aircraft market is projected to reach $274.06 billion by 2030, driven by soaring air travel demand and a critical shift toward sustainable aviation technology.
The commercial aircraft emergency generators market is forecast to reach $2.12 billion by 2030, driven by a global focus on aviation safety and fleet modernization.
United Airlines' Q4 and full-year EPS beat Wall Street expectations, with full-year EPS up year-over-year.
IATA and CFM International renewed their pro-competitive engine MRO agreement through 2033, aiming to boost competition and reduce the $5.7 billion in added annual airline maintenance costs.
Global market volatility, driven by US-Europe trade tensions and rising oil prices, puts pressure on airlines; Boeing's earnings report is next week.
The FAA has approved ExecuJet MRO Services Belgium for U.S.-registered business jets, expanding European maintenance options for Dassault, Bombardier, and Textron aircraft.
Nigerian aviation experts predict a 2026 domestic traffic shift; high fares may limit major airport growth, but political travel will boost feeder airports.
Airbus and Boeing forecasts project a massive, sustained need for new pilots and aviation technicians; fleet growth and retirements drive the decade-long demand.
Ultra-low-cost carrier Spirit Airlines declined comment on a CNBC report suggesting acquisition talks with investment firm Castlelake amid its Chapter 11 reorganization.