Textron Aviation revenues dip as lower volume outpaces pricing bumpnews Fayaz Hussain 24 Jan 24 0Cessna and Beechcraft producer Textron Aviation’s fourth quarter revenues clocked in at $1.5bn, down $58m from the fourth quarter of 2022, reflecting lower volume and… Read more
Volato’s market share climbs to 2.4% in light jet categorynews Fayaz Hussain 4 Jan 24 0US-based private aviation company Volato’s market share in the light jet category increased to 2.4% by the end of 2023 from 1% in 2022, company’s… Read more
Jet.AI services, software revenues soar in third quarternews Fayaz Hussain 21 Nov 23 0Jet.AI’s third-quarter earnings report revealed a 270% year-over-year increase in revenue from services and software to $3.37m, up from $1m in the same period last… Read more
Sky Harbour revenues soar by 481% in third quarternews Fayaz Hussain 10 Nov 23 0Sky Harbour reported third quarter financial results wherein it posted rental revenue of $2.5m, up 481% year-on-year (YoY) from $0.4m in same period last year… Read more
Wheels Up revenue falls 24% in third quarternews Fayaz Hussain 9 Nov 23 0Private aviation company Wheels Up announced its third quarter financial results on Wednesday, reporting a 24% year-over-year (YoY) decline in revenue to $320m, down from… Read more
Bombardier to redeem senior notesnews Fayaz Hussain 7 Nov 23 0Bombardier announced a series of financial transactions including a tender offer of $110m , redeeming all of its outstanding 7.5% senior notes due in 2025… Read more
Bombardier ‘firing on all cylinders’news Fayaz Hussain 3 Nov 23 0Bombardier surprised the market yesterday as it posted higher-than-expected revenue of $1.85bn (adjusted EPS of $0.73). This growth in revenues was driven by better prices… Read more
Textron Aviation Q3 revenue jumps 15% to $1.33bnnews Fayaz Hussain 27 Oct 23 0Third-quarter filings from Textron showed revenues from its aviation segment jumped by 15% year-over-year to $1.33bn compared with $1.16bn during the same period last year.… Read more
General Dynamics reports $3.04 EPS for Q3news Fayaz Hussain 25 Oct 23 0General Dynamics reported earnings per share of $3.04 for the third quarter (Q3), as the company’s top line jumped 6% year-on-year to $10.57bn supported by… Read more
BBA shares drop 11.6% following softer than expected US marketnews CJI Expert 2 Aug 18 0Shares in BBA Aviation, the UK-based aviation services company, tanked on Wednesday after the company posted its first-half results. The share fell because of lower-than-expected… Read more
