Maintenance, repair and overhaul news from around the world
Despite a net loss of around $113 million, electric aircraft developer Joby Aviation said it continued at the end of the first quarter of 2023 (Q1 2023) "to maintain a strong balance sheet with $978 million in cash and short-term marketable securities". The loss was...
The first collective bargaining agreement between WestJet and the Unifor bargaining unit at Toronto Pearson Airport was on May 3 ratified by Unifor's members, WestJet announced. "WestJet is pleased to share that the agreement negotiated with Unifor has been ratified...
Fitch Ratings has downgraded Western Global Airlines’ (WGA) Long-Term Issuer Default Rating (IDR) to 'CCC-' from 'B-'. Fitch has also removed the IDR from Rating Watch Negative. Fitch has downgraded WGA's senior unsecured notes to 'CC'/'RR5' from 'B'/'RR3'. The rating...
Airbus Perlan Mission II, the world’s first initiative to pilot an engineless aircraft to the edge of space, has successfully completed a flight test campaign in the US, clearing the way for an attempt later this year to set a new aviation world altitude record for...
WestJet and the union representing the carrier's employees at Toronto Pearson International Airport (YYZ) have reached a tentative agreement on their first collective bargaining deal. "WestJet is pleased to have reached a tentative agreement that recognizss the...
Surf Air Mobility, which aims to manufacture electric aircraft, has named Tyrone D. Bland to its board of directors. Bland is head of government affairs for Creative Artists Agency, a role in which he "provided strategic advocacy to the entertainment industry’s effort...
Cargojet reported C$231.9 (US$ 170.5) million revenue in first quarter 2023 (Q1 2023) revenue, down on the C$233.6 million for 2022. Gross margin for the quarter was C$45.5 million compared to Q1 2022's C$66.9 million, with adjusted EBITDA at C$75 million compared to...
Sabre Corporation has hired Ann J. Bruder, "a seasoned legal executive and travel industry veteran", to replace Chadwick Ho as executive vice president and chief legal officer. "We are thrilled to have Ann join our executive team at Sabre. Ann is an excellent...
During the first quarter of 2023, the Port Authority of New York and New Jersey's commercial airports reported a record 32 million passengers. John F. Kennedy, Newark Liberty International, and LaGuardia airports combined "all-time record high" was an increase of...
WestJet has announced a first flight from Calgary International Airport to Narita International Airport in Tokyo, the airline's first-ever service to Asia "We are thrilled to see our new service to Tokyo, Japan take flight as we welcome our newest destination to our...
Reliable Robotics and NASA have finished flight tests aimed at improving safety in US airspace for the flying of remotely-operated aircraft. The flights were to "substantiate the use of existing Federal Aviation Administration (FAA) primary surveillance radar (PSR)...
Werner Aero has taken in a Boeing 737-700 msn 30246 for teardown at Ascent Aviation Services. Components taken from the jet, which was last operated by GOL, will be available after re-certifications, Werner announced. “This acquisition enhances our 737NG inventory and...