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United States aviation news

Southwest Airlines, 63.1% increance in net income in Q3, 2015

Southwest Airlines Co. reported its third quarter 2015 results Gary C. Kelly, Chairman of the Board, President, and Chief Executive Officer, stated, "We are very pleased to report outstanding third quarter 2015 results marked by a 63.1 percent year-over-year increase in net income, excluding special items. Our record third quarter operating income, excluding special items, of $1.0 billion...

Alaska Air Group, 39% increase in net income in Q3, 2015

Alaska Air Group, Inc., reported third quarter 2015 GAAP net income of $274 million, or $2.14 per diluted share, compared to $198 million, or $1.45 per diluted share in the third quarter of 2014. Excluding the impact of mark-to-market fuel hedge adjustments of $5 million ($3 million after tax, or $0.02 per diluted share), the company reported record adjusted net income of $277 million, or $2.16...

Boeing Books 20 737 MAX Orders from Oman Air, Six Cancellations

Boeing Co said on Thursday it booked 20 firm orders for its 737 MAX single-aisle aircraft from Oman Air SAOC, an order that nearly doubles the airline's 737 fleet. Oman Air's order includes conversions of six 737 NG planes to 737 MAX jets, for a net gain of 14 in Boeing's order book. Boeing and rival Airbus are battling for market share in the large single-aisle market. Boei...

United Airlines' acting CEO aims to reassure investors amid strong results

United Airlines on Thursday tried to dismiss concerns that executive shake-ups have left an amateur team running its business, promising better service for travelers and moderate expansion in 2016 for investors worried about weak demand. Shares of parent United Continental Holdings Inc. rose more than 2 percent after it forecast a pre-tax profit margin of up to 11.5 percent in the fourth q...

Jetcraft issues first Business Aviation forecast

New Jetcraft Business Aviation Forecast Predicts North American Market Share will continue to exceed Rest of World combined through 2024. The “10 Year Market Outlook” predicts Bombardier will lead the way in aircraft deliveries and revenue; Rolls-Royce’s dominance in engines being threatened by Pratt & Whitney Canada; and Honeywell achieving top market share for avionics....

Meridian completes renovation of Hayward Citation XLS

A Meridian Air Charter Citation XLS has been completely refurbished. This midsize business jet is currently based at Hayward Executive Airport in Hayward, CA, and is now available for charter. “The Citation XLS is the perfect midsize jet for our clients in the Northern California region because it can easily reach popular destinations like Los Angeles, Las Vegas, and Vancouver.&...

PSA Airlines Pilots Ratify Agreement to Increase and Improve its Pilot Flow

Today, PSA Airlines reached agreement with its pilot union to dramatically improve and increase its pilot flow-through program to American Airlines. This agreement will almost double the current number of pilots flowing to American, culminating in nearly 100 pilots flowing per year. The agreement affords PSA pilots a career path directly to American through a seniority-based fl...

Boeing profit rises 25% as it delivers more jets

Aircraft maker Boeing has reported a 25% rise in quarterly profit, helped by an increase in deliveries of commercial aircraft. The world's largest maker of passenger jets earned $1.70bn (£1.1bn) for the July-to-September period, up from $1.36bn a year ago. Revenue rose by about 9% to $25.85bn, with commercial aircraft deliveries up 7% to 199. The Chicago-based company also...

ACS spreads wings to Miami

Air Charter Service (ACS) has opened its doors in Miami – its fifth office in North America. The firm already has a strong presence in the region, with offices in Los Angeles, Houston, New York and Toronto. ACS North America president, Richard Thompson, explains the need for the new office: “We have a really strong customer base in Florida and decided that now was the right time...

Boeing Officially Opens Advanced Research Center in Missouri

Focus will be on developing new systems technologies Boeing yesterday opened its new research and technology center in St. Louis. The facility will serve as the company's regional hub for collaborative technology development with academic institutions and research partners in systems technology. Boeing leaders joined local dignitaries and employees for a ribbon cutting and tours of...

Two Events for Young Professionals Set for NBAA2015

Young aviation professionals looking to connect with others in the industry can take advantage of two events at the upcoming NBAA Business Aviation Convention & Exhibition (NBAA2015), designed specifically for those who are new to business aviation. The Young Professionals (YoPro) Networking Reception, scheduled for Tuesday, Nov. 17 from 5:30 to 7 p.m., in the Innovation Zone at the Las...

California to Dallas Flight Diverted Due to Unruly Passenger

Authorities say an unruly passenger caused an American Airlines flight from San Jose, California, to Dallas-Fort Worth to be diverted to Phoenix. Phoenix police say officers went to a gate Tuesday at Sky Harbor International Airport after Flight 2232 landed. They were told by the crew that a 26-year-old passenger appeared to be intoxicated, became disruptive and had to be restrained....