Avia Trader

Spirit | July 23, 2020

Earnings season for airlines in the age of coronavirus means one thing: There are very few numbers that executives are excited to talk about. Spirit Airlines on Thursday was no exception. The ultra-low-cost airline reported that its total operating revenue for the second quarter was $138.5 million, a decrease of 86 percent year over year. But the airline is betting its low-cost structure could help it when the airline industry begins to recover. “We expect the rest of the summer to ...

Business Aviation

Azul Cargo | February 10, 2022

In another industry milestone, Azul Cargo introduces today, the world's first Class F freighter aircraft. This innovative initiative was conducted in-house in partnership with LHColus Tecnologia, starting with the conceptual design development, cabin preparation, concept proof and development test flights. The final aircraft certification, received fastly on February 1st of this year, had given the partnership with the Brazilian Aviation Authority, Anac. The addition of this c...

Air Transport

Triumph Group | September 05, 2022

Triumph Group, Inc. (TRIUMPH) announced that its Actuation Products and Services business has been awarded a ten year contract from Diehl Aviation to manufacture fluid flow controls. These components are used on board passenger aircraft such as the Airbus A320 and A330. TRIUMPH has performed this work at their location in Heiligenhaus, Germany facility since 2008. "Having supported Diehl Aviation for more than a decade, TRIUMPH is proud to announce we have...

Air Transport

Iris Automation | April 21, 2021

Casia® X, Iris Automation's onboard multi-camera detect and avoid (DAA) system, will be ready for shipment on May 21, 2021. Casia X is the only option for commercial drones and unmanned aircraft that uses computer vision technologies to have a complete 360° radial tracking capability. Casia X, formerly known as Casia 360, is an extension of the Casia product line that provides some major improvements: - • Based on almost 16,000 total real-world manned aircraft enc...