Upcoming 2Q20 United Airlines Earnings Call

Upcoming 2Q20 United Airlines Earnings Call United Airlines Holding Inc. (UAL) will be hosting their Q2 2020 Earnings call on July 22, 2020 at 10:30am EST. You can register to watch their webinar directly from their Investors Relations page ir.united.com. On July 8th, United Airlines began to start operating flights from San Francisco and Shanghai's … Continue reading Upcoming 2Q20 United Airlines Earnings Call

Air Cargo Load Factors Hits Record High

Air Cargo Load Factors Hits Record High The International Air transport Association (IATA) is actively tracking the economic status of the aviation industry. A major element of the industry includes the Air Cargo sector which has been the talk of the town for 2020. The latest forecast produced by IATA is anticipating that total air … Continue reading Air Cargo Load Factors Hits Record High

Starting an Airline Career amid the COVID-19 Pandemic

Despite the dismal façade the media has painted of the aviation industry, there are airlines not only maintaining revenue positive but recruiting flight op’s professionals at full power, like OAI and GTI. It is, therefore, still a great time to hop into a cockpit and launch your career in the skies. In this article, we … Continue reading Starting an Airline Career amid the COVID-19 Pandemic

Boeing Cancellations Outnumber New Orders

Boeing Cancellations Outnumber New Orders The market for new aircraft is quickly changing as the future travel demand figures are being readjusted. Although it is very present that the most immediate future of travel plans have certainly been affected, many airlines are looking for the future as they plan how many aircraft will be needed … Continue reading Boeing Cancellations Outnumber New Orders

Increase Spending for Aviation Leasing Agents

Increase Spending for Aviation Leasing Agents Air Lease Corporations (NYSE: AL) during their first Quarter results spoke of adjustments that have been made to adjust to the unprecedented impact to the airline and aerospace industry. Air Lease Corporations (ALC) (NYSE: AL) First Quarter financials were released on May 7th 2020. They reported a revenue of … Continue reading Increase Spending for Aviation Leasing Agents

Aircraft Leasing Companies Expand Credit Lines

Aircraft Leasing Companies Expand Credit Lines Air Lease Corporations (NYSE: AL) during their first Quarter results spoke of adjustments that have been made to adjust to the unprecedented impact to the airline and aerospace industry. Air Lease Corporations (ALC) (NYSE: AL) First Quarter financials were released on May 7th 2020. They reported a revenue of … Continue reading Aircraft Leasing Companies Expand Credit Lines

Successful First Flight for Cessna SkyCourier

Successful First Flight for Cessna SkyCourier Textron Aviation Inc., a Textron Inc (NYSE: TXT) company celebrates the successful first flight of their brand new Cessna Skycourier. This brand new utility turboprop marks a major move in the direction of bring new aircraft to the current market. The flight test was the first of many that … Continue reading Successful First Flight for Cessna SkyCourier

Southwest Airlines enters Leaseback Deal bringing in $815M

Southwest Airlines enters Leaseback Deal bringing in $815M Southwest Airlines (NYSE: LUV) recently finalized a deal to enter in a sale-leaseback for 10 of its Boeing (NYSE: BA) 737-800. In addition the contract also includes 10 of their Boeing 737 MAX 8. This information was released in a recent filing which can be found on … Continue reading Southwest Airlines enters Leaseback Deal bringing in $815M

National Airlines Delivers Medical Supplies to Government of Haiti

Photo Credit: @chisholmeric National Airlines Delivers Medical Supplies to Government of Haiti On Thursday May 7th, 2020, The Government of Haiti welcomed National Airlines with open arms as their Boeing 747 arrived with medical and sanitary equipment on board. This flight is the first of many in a project coordinated by local officials to bring … Continue reading National Airlines Delivers Medical Supplies to Government of Haiti

Virgin Galactic’s SpaceShipTwo takes first flight from Spaceport America

SpaceshipTwo Unity flying free in the New Mexico Airspace for the first time (Photo: Business Wire) Virgin Galactic SpaceShipTwo takes first flight from Spaceport America VSS Unity takes its inaugural solo flight from Spaceport America on May 1st, 2020 in New Mexico. This is a significant milestone in the preparation for commercial service for Virgin … Continue reading Virgin Galactic’s SpaceShipTwo takes first flight from Spaceport America

Lockheed Martin Webcast to Announce Q1 Earnings April 21, 2020

Lockheed Martin Webcast to Announce Q1 Earnings April 21, 2020 BETHESDA, Md., April 14, 2020 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) will webcast live its first quarter earnings results conference call on Tuesday, April 21, 2020, at 11 a.m. EDT. Marillyn Hewson, chairman, president and chief executive officer; Ken Possenriede, executive vice president and chief financial officer; and Greg Gardner, vice president … Continue reading Lockheed Martin Webcast to Announce Q1 Earnings April 21, 2020

Uber Launching Two New Delivery Services

Uber Launching Two New Delivery Services Uber has experienced a dramatic decrease in demand for Ride-hailing services as families are staying at home during the COVID-19 pandemic outbreak. In response to the decrease in business the company has decided to now allow for delivery of medicine, supplies and packages between families and friends. The announcement … Continue reading Uber Launching Two New Delivery Services

Over 275 applied for Aviation Grants, 90% of the package is going to these 6 airlines.

Over 275 applied for Aviation Grants, 90% of the package is going to these 6 airlines. Part of the $2.3 trillion dollars in the CARES Act, includes a substantial grant to be provided to passenger airlines. A total of $25 Billion in cash grants will be allocated specifically for the purpose of payroll. Cargo Carries … Continue reading Over 275 applied for Aviation Grants, 90% of the package is going to these 6 airlines.

U.S. Futures Rise Despite Record Unemployment

U.S. Futures Rise Despite Record Unemployment Back on October 4th 2019, the White House Releases an article with the Bureau of Labor Statistics (BLS) which showed a highlight of its Monthly Employment Situation Report. the Trump Administration took great pride in announcing the success it has had in its ability to develop over 6.4 Million … Continue reading U.S. Futures Rise Despite Record Unemployment

National Airlines Providing Emergency Relief Supplies

National Airlines Providing Emergency Relief Supplies On Thursday, April 2nd, The Columbus Regional Airport Authority (CRAA) and the Federal Emergency Management Agency (FEMA) confirmed that the National Airlines Boeing 747 arrived around 6 a.m. local time. The cargo on board included essential personal protective equipment to help fight the spread of the novel COVID-19 virus … Continue reading National Airlines Providing Emergency Relief Supplies