GE Aviation turned a $2.9 billion profit in 2021, more than double its 2020 earnings, reflecting cost cutting and a bump in commercial engine services revenue. “Our strong results reflect our ...
Joby Aviation resumed test flights after a February crash of a pre-production prototype, stating the incident is not expected to significantly impact operations or certification timeline. The company ...
Global Jet, a charter, brokerage, design and completion management provider, turned in a strong 2021 with growth in flight demand, bookings, revenue and increased customers, the company says. “Despite ...
Deliveries increased across the industries three primary aircraft segments. Global deliveries of general aviation aircraft rose to 2,630 in 2021 and a Wichita company helped lead the way. According to ...
The aviation business of Malaysia’s Capital A – formerly the AirAsia Group – saw aviation revenue plummet by two thirds in a brutal 2021 financial year. For the year ended 31 December 2021, the ...
The International Air Transport Association (IATA) has released 2021 safety performance data for the commercial airline industry showing strong improvement in several areas compared to both 2020 and ...
High-altitude capability and 213-knot cruise speed create mission-ready machine.
Jet It and its European sister company, JetClub, added 13 new aircraft during 2021, making the pair Honda Aircraft’s largest aircraft buyer and operator in the world, Jet It says. Jet It’s flight ...
With just a few days remaining in 2021, we take a look back at our 10 most-read articles of 2021, a year in which new display-driven avionics technologies and electric vertical takeoff and landing ...
SANTA CRUZ, Calif.--(BUSINESS WIRE)--Joby Aviation (NYSE: JOBY), a California-based company developing all-electric aircraft for commercial passenger service, today announced its financial results for ...
Business aviation activity in North America surpassed each of the past three years, Argus reported in their annual Business Aviation Review. Argus said “business aviation, particularly in North ...
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