Garmin: Q4 Sales Exceeded Expectations
Aviation division leads other units with strong year-over-year performance.
Earnings
Read More »
GE Sees Small Drop in Q4 Earnings; Aviation Division Remains Strong
General Electric (NYSE:GE) saw revenues decline 3 percent in the fourth quarter from the same period in 2020, the company said during its earnings call Tuesday. The company also reported a 2 percent drop for all of 2021. Despite beating expected earning predictions for the quarter, revenue fell slightly from $21 billion in 2020 to […]
Strong Demand for 737 Max Leads Q4 Deliveries for Boeing
After a challenging year in 2021—in which its rival delivered nearly twice as many commercial airframes—Boeing (NYSE:BA) released its fourth-quarter deliveries report Tuesday. Highlights from the report include: Boeing delivered 84 of its 737s in the fourth quarter, more than 31 percent of those sold in 2021. Across its entire commercial fleet, which includes the […]
Blade Air Mobility Reports Strong YOY Growth
Company says revenues grew to $20 million in fourth quarter, up 144 percent over 2020.
Joby Says It’s Making Progress Toward Certification
With Q3 net losses totaling nearly $79M, air taxi-maker promises certification, manufacturing, and commercial operations.
Archer Says It’s on Track To Fly in December
Archer Aviation (NYSE:ACHR) on Thursday delivered its first quarterly earnings report since going public two months ago, reporting a $177 million net loss, but saying it remains on track to fly its innovative new aircraft prototype by next month. The company attributed the loss to operating expenses, plus interest payments, which included the cost of […]
Smaller Q3 Loss Has Embraer Enthusiastic Heading to Q4
In its third-quarter earnings call Friday, Embraer said that despite posting a loss for the quarter, it expects 2021 to be the company’s first profitable year since 2017, beating its own expectations. The $45 million, third-quarter loss the company reported is a stark improvement year-to-date, compared to the $121 million loss reported for the third […]
United Airlines Makes More Cargo Revenue With Less Cargo
Editor’s Note: This article originally appeared on FreightWaves.com. Cargo and domestic leisure travel were United Airlines’ strong suit in the third quarter as the carrier just missed returning to profitability despite better-than-expected results. Cargo revenue soared 84 percent to $519 million compared to 2019, setting a record for the three-month period. For the first nine […]
