Tag: Revenue

Wheels Up Announces Increased Revenue for First Quarter 2023

Wheels Up Experience Inc.  today announced financial results for the first quarter, which ended March 31, 2023. First Quarter 2023 Highlights Revenue increased $26 million year-over-year to $352 million, a first quarter record Active Members decreased 1% year-over-year to 12,285 in t...

Magellan Jets Grows Revenue To $120 Million In 2022

Magellan Jets expanded its portfolio of private aviation solutions to new frontiers in 2022 by continuing to invest in their teams and adapt their business to customers' needs—re-imagining programs, launching a new Aircraft Sales & Management Division, moving to a new corporate headquarters, ...

FAI Aviation Group anticipates record sales for 2022

FAI Aviation Group, one of the world’s leading global providers of mission-critical aviation services anticipates record sales across the business for 2022, with consolidated group revenues of more than €120m. Revenues for charter and MRO have each increased by more than 30% compared with t...

LunaJets Nearly Doubles Revenue but Sees Clouds Ahead

As the private aviation charter market continues to enjoy a “new golden age”, Geneva based LunaJets warns at this EBACE of a hard landing as it sees more signs of market bubbles. “This year-to-date, our growth is over 90%, considering a $110M revenue in 2021 for our private jet charter d...

Airbus Helicopters maintains global market leader position in 2019

Airbus Helicopters logged gross orders for 369 helicopters in 2019 (310 net orders), combined with its support and services revenue, worth more than € 7 billion. The company delivered 332 rotorcraft, including the landmark 1000th Super Puma, thus maintaining its lead in the civil & parapublic...

Textron Aviation deliveries fall in second quarter

Aircraft manufacturer Textron Aviation has recorded a decline in turboprop and jet deliveries in the second quarter, according to parent company Textron. The fall in sales resulted in a 15 per cent reduction in revenue for the Wichita-based Beechcraft and Cessna manufacturer, who delivered two f...

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