IFC is providing up to $35 million in equity and debt financing to SAFCO Venture to help establish Pakistan's first greenfield sustainable aviation fuel (SAF) facility. The facility will convert used ...
American Airlines raised its fourth quarter guidance on December 5, 2024. The company raised its adjusted earnings per diluted share guidance to around $0.55 and $0.75, up from previous estimate of $0...
Airbus delivered 84 commercial aircraft in November, the company said in a report on December 6, 2024, bring its total deliveries for the year to 643 aircraft. While an impressive improvement compared...
Private investment firm Corrum Capital Management completed a single-asset continuation fund completed a single-asset continuation fund allowing it to continue its partnership with AvAir on December 4...
Southwest Airlines raised its fourth quarter guidance on December 5, 2024, driven by stronger than expected travel demand.Revenue per available seat mile (RASM) for the fourth quarter is now expected ...
Safran expects revenue growth of around 10% in 2025, it said at its capital markets day on December 5, 2024. In addition, the company's preliminary outlook for next year detailed a recurring operating...
Air France-KLM has entered a partnership with Google Cloud on December 4, 2024, to support its data, analytics, and generative AI technology to accelerate its data-centric strategy.Through the partner...
Latvian airline airBaltic has partnered with ancillary revenue solutions Plusgrade to introduce a new business class upgrade feature. The feature allows passengers to bid for the upgrade. The airline ...
