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United States aviation news

American Airlines to Build New Headquarters Facility

On Thursday, American Airlines unveiled plans to construct a new headquarters facility,reports the Dallas Morning News. The company will remain in Fort Worth, selecting a location adjacent to its current complex, which is set for demolition following the new building’s completion. American expects to wrap up the project by 2018, when it can move into its new home. Groundbreaking will be...

U.S. extends ban on flights of its aircraft to Simferopol, Dnepropetrovsk

According to the report, the decision will be in effect until October 27, 2016.   The United States has extended for another year a ban on flights of its aircraft to international airports of Crimea’s capital Simferopol and the Ukrainian city of Dnepropetrovsk. The U.S. Department of Transportation and the Federal Aviation Administration said on Thursday that the decision stemmed...

Bell Helicopter appoints L.Atherton as executive vice president of military business

Bell Helicopter, a Textron Inc. company, announced that Lisa Atherton has been named executive vice president of military business. In this role, Atherton will be responsible for providing strategic direction, overall management and performance for all government programs and business development efforts. Atherton succeeds Mitch Snyder who was recently appointed Bell Helicopter president and...

Lockheed Martin receives $176m from USAF for sensor-enhanced sniper pods

Lockheed Martin received $176.1 million in contracts from the U.S. Air Force for Sniper Advanced Targeting Pod-Sensor Enhancement (ATP-SE) production and upgrade kits that will convert Sniper ATPs to the ATP-SE configuration. Sniper ATP-SE has improved sensors, a two-way datalink and algorithms that increase air-to-ground, air-to-air and maritime targeting capability. Upgrade kits consist of li...

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...