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Mesa Air Group Reports Fourth Quarter, Full-Year 2020 Profit

WIL BALDWIN December 9, 2020

Mesa Air Group, Inc. (NASDAQ: MESA) today reported fourth quarter and full-year fiscal 2020 financial and operating results. Mesa’s Q4 2020 results reflect net income of $11.4 million, or $0.32 per diluted share, compared to net income of $12.2 million, or $0.35 per…

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Union Pacific Names Craig Richardson Executive Vice President, Chief Legal Officer, and Corporate Secretary

WIL BALDWIN December 8, 2020

Union Pacific today named Craig Richardson executive vice president, chief legal officer and corporate secretary. Richardson is responsible for overseeing all aspects of the company’s legal affairs, including commercial transactions and litigation, regulatory matters, labor…

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The Republic of Mali Orders an Additional Airbus C295

WIL BALDWIN December 2, 2020

The Ministry of Defence of the Republic of Mali has placed a firm order for an additional Airbus C295 airlifter in the transport configuration. This second aircraft, to be delivered in 2021, will supplement the…

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COVID-19 Impacts KiwiRail’s Fiscal Year 2020 Result

WIL BALDWIN November 29, 2020

The COVID-19 pandemic had a significant impact on KiwiRail’s bottom line for the past financial year, but rigorous operational changes and cost savings measures have helped stabilise the business, KiwiRail chairman Brian Corban says. KiwiRail…

KiwiRail Announce Trains Have Resumed Service on Wairoa-Napier Line

WIL BALDWIN November 23, 2020

Log trains are running again on the Wairoa-Napier line from this weekend. Services were suspended earlier this year as a result of COVID-19’s impact on the forestry industry. KiwiRail Chief Operating Officer Todd Moyle says…

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Hungary Signs Contract For Two Multi-Mission KC-390 Millennium Airlifters

WIL BALDWIN November 18, 2020

Budapest, Hungary, November 17th, 2020 – The Hungarian Government and Embraer signed today a contract for the acquisition of two new generation multi-mission transport aircraft Embraer C-390 Millennium, in its air-to-air refueling (AAR) configuration, designated…

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Boeing Says More Freighters Needed to Support Global Supply Chains

WIL BALDWIN November 17, 2020

Boeing [NYSE: BA] today released its biennial World Air Cargo Forecast (WACF), reflecting COVID-19 impacts and opportunities as well as substantial long-term demand for freighters over the next two decades. Enabled by a rebound in…

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Mesa Air Completes Second Closing On Secured Loan Facility

WIL BALDWIN November 16, 2020

Mesa Air Group, Inc. (NASDAQ: MESA) today announced that it has completed a second closing through its previously disclosed five-year Loan and Guarantee Agreement under the Coronavirus Air, Relief, and Economic Security Act (CARES Act). The Loan Agreement…

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Boeing Forecasts Strong Growth in China’s Aviation Market

WIL BALDWIN November 15, 2020

Boeing [NYSE: BA] expects China’s airlines to acquire 8,600 new airplanes valued at $1.4 trillion and commercial aviation services valued at $1.7 trillion over the next 20 years, reflecting an expected robust recovery following the…

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Mesa Air Group Announces Date for Fourth Quarter, FY 2020 Earnings Conference Call

WIL BALDWIN November 12, 2020

Mesa Air Group, Inc. (NASDAQ: MESA) will release its fourth quarter earnings for fiscal year 2020 after the market closes on Wednesday, December 9. The company will also host a conference call to discuss the results on December 9 at 4:30…