Delta shows it is backing Wheels Up, Airshare in talks to buy management, Air Partner next?news Alasdair Whyte 9 Aug 23 0Rather than getting second-quarter results, today we were told that Delta is putting cash into Wheels Up and that it is in talks to sell… Read more
Wheels Up reports further losses in Q1news CJI Expert 9 May 23 0Wheels Up suffered further losses in the first quarter (Q1) of the year, reporting net losses of $100.9m, compared with $88.7m in Q1 2022. Both… Read more
Breaking news: Kenny Dichter steps down as CEO of Wheels Upnews CJI Expert 9 May 23 0Kenny Dichter has stepped down as CEO of Wheels Up after a decade in the role. Dichter founded the company in 2013 and took it… Read more
“Robust demand” at Gulfstreamnews Yves Le Marquand 27 Jan 23 0Gulfstream parent General Dynamics reported quarterly net earnings of $992m, up 4.2% from the same quarter in 2021, which came in at $3.58 diluted earnings… Read more
Last year was a vista for Vistanews Yves Le Marquand 25 Jan 23 0Vista revenues are up 50% year-on-year as the firm experienced a 74% increase in programme membership hours during 2022. That surge in gross hours sold… Read more
Bombardier reports strong Q4 to end year in preliminary 2022 resultsnews Yves Le Marquand 17 Jan 23 0Bombardier has reported a better than expected fourth quarter to end the year as the company pre-announced its 2022 financials. The Canadian OEM delivered 123… Read more
Bombardier posts profit and narrows debt in Q3news Yves Le Marquand 3 Nov 22 0Bombardier posted a profit of $27m and brought debt repayments to $873m for the year in the third quarter (Q3) of 2022. The profit of… Read more
General Dynamics Q3: Revenues up, cash flow down, orders stay strongnews Yves Le Marquand 26 Oct 22 0General Dynamics (GD), Gulfstream’s parent, has posted a solid third quarter (Q3) including an aerospace book-to-bill ratio of 1.15 to 1. The firm reported revenues… Read more
