Embraer executive aviation 2Q margins widen despite lower revenuenews Fayaz Hussain 12 Aug 24 0Embraer Executive Aviation division reported a decline in revenue for the second quarter of 2024. Sales dropped by 11% compared to the same period last… Read more
Wheels Up holds steady in Q2 amid cost cutsnews Fayaz Hussain 8 Aug 24 0Wheels Up reported flat revenue of $196m for the second quarter of 2024. Despite relatively unchanged top-line figures, the company’s results showed progress in cost… Read more
Gulfstream revenues skyrocket 50% in 2Qnews Fayaz Hussain 30 Jul 24 0General Dynamics reported a significant boost in its aerospace segment (Gulfstream) during the second quarter of 2024. Revenue surged 50.5% year-over-year to $2.9bn, up from… Read more
Bombardier 2Q revenue surges 31% on higher aircraft salesnews Fayaz Hussain 29 Jul 24 0Canadian aerospace manufacturer Bombardier reported revenue of $2.2bn in the second quarter of 2024, up 31% year-over-year from $1.7bn in the same period last year… Read more
Textron Aviation revenue rises to $1.5bnnews Fayaz Hussain 18 Jul 24 0Textron Aviation revenue in the second quarter increased 8.2% year-over-year to $1.5bn from $1.4bn in the same period last year with higher contribution from both… Read more
Bombardier hits multi-year high as BofA upgrades stock to ‘Buy’news Fayaz Hussain 23 May 24 0Bombardier surged on Wednesday, reaching its highest point since October 2018, after Bank of America analysts upgraded the stock to ‘buy’ from ‘underperform’. The stock… Read more
Jet.AI soars in Q1 with 105% revenue increasenews Fayaz Hussain 16 May 24 0Jet.AI reported a strong first quarter of 2024, boasting a 105% year-over-year revenue increase to $3.8m driven by a surge in software app and management… Read more
Volato posts $17.4m loss; delivery delays shrink revenue in Q1news Fayaz Hussain 16 May 24 0Private aviation company and largest operator of HondaJet in the US Volato announced financial results for the first quarter of 2024 posting a net loss… Read more
Wheels Up revenue falls by 44%, aiming for profit by year endnews Fayaz Hussain 9 May 24 0Wheels Up Experience announced its financial results for the first quarter ended March 31, 2024 with total revenue declining by 44% year-over-year to $197m, with… Read more
Gogo Aviation net income jumps 49% in first quarternews Fayaz Hussain 9 May 24 0Gogo Aviation, a leader in aviation broadband connectivity, soared in the first quarter of 2024 as revenue climbed 6% year-over-year to $104.3m, fuelled by both… Read more
Embraer executive aviation revenues jump 175%news Fayaz Hussain 7 May 24 0Brazilian aerospace manufacturer Embraer posted first quarter 2024 financial results wherein it reported its highest first quarter revenue in eight years at $239.6m compared to… Read more
FlyExclusive posts $46.8m net loss in FY23news Fayaz Hussain 2 May 24 0FlyExclusive, the North Carolina-based private jet charter company, recently released its first annual report since its December 2023 initial public offering (IPO) wherein it reported… Read more
Textron Aviation 1Q revenues inch up to $1.2bnnews Fayaz Hussain 25 Apr 24 0Textron announced financial results for the first quarter of 2024 wherein the company reported revenue from its aviation segment at $1.2bn, up 3% year-over-year compared… Read more
Bombardier’s first quarter revenue slips on lower aircraft salesnews Fayaz Hussain 25 Apr 24 0Canadian aerospace manufacturer Bombardier announced financial results for first quarter of 2024 reporting 12% year-over-year decline in revenue to $1.3bn from $1.4bn same period last… Read more
General Dynamics Aerospace revenues jump 10%YoYnews Fayaz Hussain 24 Apr 24 0General Dynamics reported financial results for first quarter of 2024 wherein it reported revenue from its aerospace segment at $2.1bn, up 10% year-over-year from $1.9bn… Read more
Volato’s 2023 revenue slumps 24% on delayed deliveriesnews Fayaz Hussain 26 Mar 24 0Volato’s 2023 results were a tale of two sectors. While total revenue dipped 24% year-over-year to $73.3m due to plummeting aircraft sales (down 68% YoY),… Read more
Embraer executive jet deliveries jump 13% in 2023news Fayaz Hussain 18 Mar 24 0Embraer announced financial results for 2023 wherein it reported 13% year-over-year growth in executive jet deliveries reaching 115 aircraft compared to 102 in 2022. Of… Read more
Pilatus soars in 2023 with record sales, strong demandnews Fayaz Hussain 21 Feb 24 0The Pilatus Group capped off a stellar 2023 with a 10% year-over-year jump in sales, reaching CHF1.5bn compared with the previous year’s CHF1.3bn, the company’s… Read more
Bombardier 2023 revenues soar on higher jet deliveriesnews Fayaz Hussain 8 Feb 24 0Canada’s Bombardier reported financial results for 2023 where in it reported 16% year-on-year increase in total revenue at $8bn compared with $6.9bn in 2022 driven… Read more
General Dynamics aerospace revenues soar to $2.7bnnews Fayaz Hussain 24 Jan 24 0General Dynamics reported fourth quarter results wherein the company reported aerospace revenues of $2.7bn, up 12% year-on-year from $2.4bn. Business jet deliveries made by the… Read more
