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Workhorse Group has submitted its formal 'Type Certification' application to the Federal Aviation Administration for its HorseFly Unmanned Aerial System. A type certificate signifies the airworthiness of a particular category [...]

TD Securities analyst Tim James lowered the firm's price target on Chorus Aviation to C$5.50 from C$6.50 and keeps a Buy rating on the [...]

CIBC analyst Kevin Chiang raised the firm's price target on Chorus Aviation to C$5 from C$4.25 and keeps an Outperformer rating on the [...]

Sees FY20: Aeronautics Systems OM rate ~10%; Defense Systems revenue mid-$7B, OM rate ~11%; Mission Systems revenue high $9B, OM rate mid 14%; Space Systems revenue mid-$8B, OM rate low [...]

Byline: IBR Staff Aviation Specialties Unlimited announced that Joe Estrera, PhD., will be the new president and Hannah Gordon will be promoted as the new chief operating officer upon the [...]

Prior view was $25.3B-$25.8B. Now sees FY RMS sales roughly $16B vs. prior view of $15.6B-$16B, Space sales $11.8B from $11.65B-$11.95B, and MFC sales of $11.3B from $10.95B-$11.25B. Lockheed now [...]

PIMCO and GE Capital Aviation Services announce that they have reached a preliminary agreement to develop an aviation leasing platform to support up to $3B in aircraft asset financings. The [...]

UBS analyst Florent Dehlinger earlier initiated coverage of Dassault Aviation with a Buy rating and EUR 975 price target. The analyst sees 'upcoming catalysts in the near and medium term [...]

Gogo Business Aviation's AVANCE L3 system has been selected by Textron Aviation as a factory option on new production Beechcraft King Air 360/360ER aircraft. The King Air 360 is the [...]

Uber Elevate (UBER) has selected GE Aviation's (GE) Digital Group as an ecosystem partner for their aerial ridesharing program. 'The initial phase of this program will develop requirements for a [...]

Bombardier announced that it has begun the process of streamlining its senior leadership team as it transitions to a pure-play business jet company. As part of this process, the company [...]

Air Transport Services Group (ATSG) selected GE Aviation (GE) for a comprehensive digital agreement including FlightPulse and eFOQA. The program gives ATSG subsidiary airlines ABX Air, Air Transport International, and [...]

Barnes Aerospace, a business unit of Barnes Group (B), announced that it has entered into a long-term agreement with GE Aviation, a unit of the General Electric (GE), for the [...]

Pilatus has selected Gogo Business Aviation's AVANCE L3 system as a factory option on new production PC-24 aircraft, and has secured STCs for the PC-24 and the PC-12 NGX. The [...]

JPMorgan analyst Samuel Bland lowered the firm's price target on Signature Aviation to 245 GBp from 267 GBp and keeps a Neutral rating on the [...]

Barclays analyst Rishika Savjani raised the firm's price target on Signature Aviation to 265 GBp from 250 GBp and keeps an Overweight rating on the [...]

GE Aviation (GE) saidin a release, 'GE Aviation and Cathay Pacific Group (CPCAY) have signed a five-year agreement to implement GE's Event Measurement System, or EMS, for flight analytics and [...]

Gogo announced it has entered into a definitive agreement to sell its Commercial Aviation business to Intelsat S.A.for $400M in cash, subject to customary adjustments. The Gogo board has approved [...]

The European Union Aviation Safety Agency, or EASA, announced that it has been 'working steadily, in close cooperation with the FAA and Boeing, to return the Boeing 737 MAX aircraft [...]

JPMorgan analyst Samuel Bland downgraded Signature Aviation to Neutral from Overweight with a price target of 267 GBp, down from 312 GBp. The analyst believes the shares are closing to [...]

Gevo and Praj Industries announced that they have signed a binding, definitive Master Framework Agreement to collaborate on providing renewable, low carbon, low particulate, Sustainable Aviation Fuel and renewable premium [...]

RBC Capital analyst Walter Spracklin lowered the firm's price target on Chorus Aviation to C$4 from C$5 and keeps an Outperform rating on the [...]

TD Securities analyst Tim James raised the firm's price target on Chorus Aviation to C$6.50 from C$6 and keeps a Buy rating on the [...]

Shares of Gogo (GOGO) are on the rise on Monday after the in-flight internet company reported quarterly results and announced that it has retained investment bankers as Gogo looks to [...]

Reports Q2 revenue $645M, consensus $863.2M. Reports company was directed by Boeing to produce 72 737 shipsets in 2020, an 88% reduction from 606 delivered shipsets in 2019. 'The dual [...]

Airbus doesn't expect to start increasing aircraft production again until around 2022 as the crisis hitting the aviation sector deepens, The Wall Street Journal's Benjamin Katz reports. The planemaker plans [...]

EHang Holdings announced that EHang 216 has obtained a Special Flight Operations Certificate issued by the Transport Canada Civil Aviation, the civil aviation authority in Canada. This is another milestone [...]

Comments taken from Q2 earnings conference call presentation [...]

JPMorgan analyst Samuel Bland lowered the firm's price target on Signature Aviation to 312 GBp from 368 GBp and keeps an Overweight rating on the [...]

Prior view was $24.55B-$25.3B. Now sees FY RMS sales $15.6B-$16B from $15.5B-$15.9B, Space sales $11.65B-$11.95B from $11.25B-$11.55B. Lockheed still sees MFC sales $10.95B-11.25B. Now sees Aeronautics segment operating profit $2.75B-$2.77B, [...]

SunTrust analyst Michael Ciarmoli downgraded AAR Corp (AIR) to Hold From Buy and lowered his price target to $19 from $24, RBC Bearings (ROLL) to Sell from Hold and lowered [...]

Berenberg analyst Ross Law raised the firm's price target on Dassault Aviation to EUR 1,000 from EUR 900 and keeps a Buy rating on the [...]

Byline: Catie Clark When people think of Idaho Transportation Department construction projects, rebuilding a grass airstrip in the middle of the mountains is probably not what comes to mind, but [...]

Apollo Global Management (APO) and Merx Aviation announced the completion by certain funds managed by affiliates of Apollo and Merx of a sale and leaseback transaction with Delta Air Lines [...]

GE Aviation Distribution Japan said it has been awarded a contract valued at $203M from the Japan Ministry of Defense for CF6-80C2K1F Propulsion Systems to power Japan Air Self-Defense Force [...]

Descartes Systems announced that Brussels-based DHL Aviation has selected Descartes' global air messaging gateway as its platform to standardize electronic messaging with its global customer base, including freight-forwarding organizations, other [...]

GE announced that David Joyce, vice chair of GE and president and CEO of GE Aviation, will retire from the company after 40 years of service. GE Chairman and CEO [...]

GE (GE) announced that David Joyce, vice chair of GE and president and CEO of GE Aviation, will retire from the Company after 40 years of service. GE said in [...]

Susquehanna analyst Charles Minervino raised the firm's price target on Boeing to $240 from $175 and keeps a Positive rating on the shares. The analyst said the price target reflects [...]

GE commented that 'The recovery of our commercial Aviation business will depend on the pace at which commercial air traffic resumes and the rate at which airframers produce new aircraft. [...]

GE commented on its website that 'While uncertainty around the pace of recovery in our end markets remains, we are watching key leading indicators closely, are focused on things that [...]

SunTrust analyst Tristan Richardson upgraded Macquarie Infrastructure to Buy from Hold with a price target of $42, up from $34. The fundamentals behind the aviation business are improving faster than [...]

HSBC analyst Richard Schramm downgraded MTU Aero Engines to Hold from Buy with a price target of EUR 170, down from EUR 175. The shares have rallied strongly as the [...]

The Federal Aviation Administration selected Science Applications International to provide and modernize a variety of end-user services to FAA's diverse workforce, including service desk support, business and administrative systems infrastructure [...]

Hong Kong's government does not plan to hold a stake in Cathay Pacific after leading an aid package to help it through the coronavirus pandemic, Reuters' Clare Jim reports, citing [...]

Cathay Pacific announced a recapitalisation plan that will help it maintain its competitiveness and operations, while continuing its commitments to Hong Kong as an international aviation, financial and commercial hub. [...]

Sterling Construction announced that its subsidiary, Ralph L. Wadsworth Construction was awarded three separate alternative delivery construction contracts by the Salt Lake City Corporation's Department of Airports , or SLCDA. [...]

Bombardier Aviation announced that it would adjust its workforce to align with current market conditions reflecting the extraordinary industry interruptions and challenges caused by COVID-19. When the pandemic first arose, [...]

Grupo Aeroportuario del Sureste announced that total passenger traffic for May 2020 decreased 96.1% when compared to May 2019. Passenger traffic decreased 96.6% in Mexico, 89.7% in Puerto Rico and [...]

SMBC Aviation Capital's CEO Peter Barrett is cautious on the prospects of aircraft leasing, wrote Peggy Hollinger of the Financial Times. 'It will be a tough couple of years for [...]