Author: FlyMarshall Newsroom
Investors are warming to Beta Technologies Inc.’s IPO as the electric aircraft developer and its peers look to distance themselves from unhappy associations with the 2021 blank-check company boom and bust. Ahead of pricing later Monday, the electric aircraft developer’s initial public offering is double-digits oversubscribed and is expected to price at $34 per share, […] source
European low-cost carrier Ryanair outperformed analyst expectations this morning, marking the second quarter in a row that the airline’s financial performance has exceeded what analysts had penciled in. The airline’s overall profit after tax rose around 20% to roughly $1.98 billion. This lifted the airline’s six-month profit figure to roughly $2.92 billion, with revenue for the half-year increasing around 13% to $11.31 billion as the airline flew a record 119 million passengers while charging modestly higher average fares across the board and continued to grow add-on sales like bags and seat selection. Costs were well-controlled despite higher air traffic and…
Australia will be the first global P-8A operator to receive Increment 3 Block 2 modifications, few months after the U.S. Navy started testing the upgraded jet. Boeing has announced the induction of the first Royal Australian Air Force (RAAF) P-8 Poseidon Maritime Patrol Aircraft (MPA) at its facilities to implement the Increment 3 Block 2 modifications. At the same time, the company announced that the RAAF is integrating its 13th aircraft in the fleet, after the delivery on Sept. 29, and will receive the last one in 2026. Upgrades for Australian Poseidons The announcement of the implementation of the new…
Mas Chief Executive Robert Van De Weg will join Cargo Facts LATAM 2026 for a fireside chat on Wednesday, Feb. 11, 2026, at 10:15 a.m. (GMT -6) for an in-depth discussion about the Latin American carrier’s operations and growth strategy. The fourth annual Cargo Facts LATAM conference will take place Feb. 10-12, 2026, at the Marquis Reforma in Mexico City, assembling decision-makers, global executives and leaders to share insights and analyze the latest market trends, air cargo developments and their potential impact in Latin America. View the full 2026 event agenda. Van De Weg became CEO of Mas in February,…
A new U.S. Army directive orders commanders to act within hours — not days — when a soldier goes missing, giving them three hours to classify a service member as “absent-unknown” and eight hours to notify the soldier’s family once the absence is discovered.The change, issued by Army Secretary Dan Driscoll last week, compresses what sometimes can be a slow, inconsistent process for tracking soldiers with unknown whereabouts and involves law enforcement sooner. Commanders now have 48 hours to determine if a soldier’s disappearance is voluntary or the result of something more serious or sinister. During that window, Army leaders…
While exact details remain to be seen, it sounds like American Airlines is planning some significant layoffs for both management and support staff. American reportedly planning thousands of layoffs The always knowledge JonNYC reports that American is planning layoffs for management and support staff, with around 2,000 people possibly expected to lose their jobs. The plan has reportedly been finalized, with announcements at the Fort Worth-based airline expected across departments in the coming days. “I hear 2000 management and support staff layoffs. Engineering was completed today but other groups might take a few more days to be completeRestructuring to get…
Delta Air Lines remains fully committed to Utah, with plans for a $18 million state-of-the-art cargo facility on the grounds of Salt Lake City International Airport (SLC). The new facility will cover up to 48,000 square feet, reaffirming the carrier’s stronghold at the airport. This development has been made possible through a loan with Salt Lake City and the Utah Inland Port Authority, which will help develop the new state-of-the-art cargo hub. SLC is a major gateway for the inner-mountain West, and Delta remains the largest operator at the airport. The Bureau of Transportation Statistics outlines that the airline operates…
Delta Air Lines will invest $18 million to develop an air cargo facility at Salt Lake City Airport that will feature enhanced cold chain capabilities to support the movement of high-value, temperature-sensitive goods such as pharmaceuticals and perishables. The 48,000-square-foot facility, previously occupied by the U.S. Postal Service, will replace Delta’s current cargo facility at Salt Lake City Airport (SLC) and is scheduled to open […] source
Wait, you’re telling me a Miami-based investment firm was running a shady operation?! No way. In all honesty, it’s nice to see justice every once in a while… 777 Partners charged with $500 million fraud scheme In 2023 I first wrote about 777 Partners, a Miami-based investment firm that owned stakes in both Canada’s Flair Airlines and Australia’s Bonza Airlines (despite the company’s name, it has no direct connection to Boeing or the 777). There was always something mighty suspicious about the company, as the two airlines constantly fell behind on their lease payments, all while 777 Partners kept investing…
Saudi low-cost carrier flyadeal is planning to expand into India next year with the flights slated for the first quarter of 2026. If all goes to plan, the airline could be serving up to six cities in India by the end of 2026, starting with Mumbai. It has been a period of intense growth for flyadeal, which is developing an expanding regional presence and several new fleet additions. flyadeal is also looking for an Indian airline to partner with to improve domestic Indian connectivity for its passengers. flyadeal Eyes Jeddah-Mumbai In Early 2026 Credit: Flickr The carrier plans to launch its…
