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Spirit Airlines Reports Q4 Loss, Misses Revenue Estimates

WIL BALDWIN February 10, 2021

Spirit (NYSE: SAVE) came out with a quarterly loss of $1.61 per share versus the Zacks Consensus Estimate of a loss of $1.44. This compares to earnings of $1.24 per share a year ago. These…

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Garmin G3000 Integrated Flight Deck Selected by Joby Aviation for eVTOL Aircraft

WIL BALDWIN February 10, 2021

OLATHE, Kan./Feb. 10, 2020/Business Wire – Garmin® International, Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), today announced a long-term agreement to provide the state-of-the-artGarmin G3000® integrated flight deck to Joby Aviation for their revolutionary all-electric vertical takeoff…

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Lockheed Martin Picks ABL Space Systems to Power First UK Vertical Satellite Launch

WIL BALDWIN February 8, 2021

HARWELL, Oxford, Feb. 8, 2021 – Lockheed Martin [NYSE: LMT] has contracted ABL Space Systems, of El Segundo, California, a developer of low-cost launch vehicles and launch systems for the small satellite industry, to supply a rocket…

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JAL Operates Commercial Flight Using Sustainable Aviation Fuel Produced in Japan

WIL BALDWIN February 7, 2021

Japan Airlines (JAL, OTC: JAPSY), a recognized Eco-First company by the Ministry of the Environment of Japan, reiterated its commitment to further preserve the environment by operating a commercial flight from Tokyo Haneda to Fukuoka…

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Cirrus Aircraft Launches Limited Edition to Commemorate 8,000th Delivery

WIL BALDWIN February 6, 2021

Cirrus Aircraft today unveiled a new Limited Edition aircraft to commemorate the delivery of its 8,000th SR Series aircraft later this year – the 8000 Limited Edition SR Series. Inspired by the company’s rich history of…

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Alaska Airlines Takes Delivery of its First Boeing 737-9 MAX Aircraft

WIL BALDWIN January 26, 2021

Alaska Airlines (NYSE: ALK) has accepted delivery of its first Boeing 737-9 MAX airplane, marking a new phase of modernizing the airline's fleet in the coming years. Alaska pilots flew the aircraft on a short flight yesterday…

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United Airlines Announces 2020 Financial Results

WIL BALDWIN January 20, 2021

CHICAGO, Jan. 20, 2021 /PRNewswire/ -- United Airlines (NASDAQ: UAL) today announced fourth-quarter and full-year 2020 financial results. The company continues its efforts to lead the industry as it manages the most disruptive crisis in aviation history. Since…

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Boeing Delivers Trio of 777 Freighters to Qatar Airways Cargo

WIL BALDWIN January 3, 2021

Qatar Airways Cargo took delivery of three Boeing [NYSE:BA] 777 Freighters as the airline continues to build its cargo division with the world's largest and most capable twin-engine freighter. The milestone also marks the 200th 777…

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FedEx Modernizes Fleet With Delivery of Regional ATR Freighter

WIL BALDWIN December 25, 2020

FedEx Express, a subsidiary of FedEx Corp. (NYSE: FDX) and the world’s largest express transportation company, announced the delivery of the first ever purpose-built turboprop regional freighter to the FedEx fleet. This follows the company’s…

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These Pods Could Provide a Blueprint for Future Hydrogen Aircraft

WIL BALDWIN December 15, 2020

Twinjet, s-duct, winglets, contra-rotating propellers: the aviation industry has developed numerous configurations over the last five decades that have enabled aircraft to fly higher, faster and longer. Now, Airbus engineers are unveiling a new configuration…