Business

Industry’s growth has been marked by interesting watershed moments.

Textron’s CEO told investors on his earnings call that despite supply chain challenges still affecting the company, its manufacturing segments generated higher operating profits than last year.

Despite talks of a recession in the broad economy amid record inflation, fluctuating fuel prices, or even a hard to fix workforce challenges, the commercial airlines market is still booming.

In a joint interview with FLYING, the CEOs of both companies discussed their partnership, the expectation of inflight connectivity, and flyExclusive’s planned IPO.

The company said the bulk of losses were a result of fixed-price defense development programs.

The Boeing aircraft order represents the largest ever for the airline.

Monte is a U.K.-based company that says its sole focus is financing sustainable regional aviation technologies so that it can support the aviation industry’s transition to net-zero carbon emissions.

A judge approves the settlement closing a six-year dispute that embroiled former FAA Administrator Steve Dickson.

Spirit Airlines is partnering with CAE (NYSE: CAE) to launch the Spirit Wings Pilot Pathway program with a goal to widen its pilot pipeline as it looks to hire more pilots.

Boeing Business Jets (BBJ) offers a portfolio of ultra-large-cabin, long-range airplanes suited for business, private, charter, corporate and head-of-state operations.