Airbus posted revenue of 16.07 billion euros ($18.56 billion) for the three months to the end of June, virtually flat on year. Net profit more than tripled to 732 million euros, while adjusted ...

Now, Washington and Brussels have reached an agreement under which the U.S. will set a baseline 15% tariff for the vast majority of EU exports. However, a number of strategic products such as aircraft ...

Spirit Aviation struggles post-bankruptcy with weak margins, rising costs, and competition. Click here to read an analysis of ...

In addition to news that Spirit will furlough 270 pilots this November, it was announced that 140 pilots will be downgraded from captain to first officer. According to the Air Line Pilots Association, ...

Spirit Airlines (OTC:SAVEQ) will furlough roughly 270 pilots and demote 140 more as the company looks to align its workforce ...

In a bid to "return to profitability," the Florida-based airline announced plans to furlough, demote flight crews starting in October.