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American Airlines Building balance sheet strength

American Airlines took on additional debt during the pandemic, with its debt level peaking at over $54bn in mid-2021 (inclusive of debt, lease liabili...

Soaring into the future

Riyadh Air is slowly revealing its operating model to the world. At the Dubai Airshow in   November, the airline introduced its second aircraft livery...

Flight to Excellence

The exceptional individuals of the Airline Economics 40 under 40 Class of 2023 have been chosen from among the brightest talents in the aviation indus...

Paris Air Show 2023: Resilience takes flight

Amidst recovering passenger traffic, increasing capacity and networks, recruitment drives and a promises for cleaner, greener and a more sustainable a...

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ACG closes inaugural sustainability-linked loan
ACG closes inaugural sustainability-linked loan

Aviation Capital Group (ACG) has closed its inaugural sustainability-linked loan. The $550 million senior unsecured term loan matures in October 2027 and was entered into with a syndicate of lenders. ...

Alaska reports strong Q3 performance
Alaska reports strong Q3 performance

Alaska has reported a net income of $236 million for the third quarter of the year, compared to net income of $139 million for 202 third quarter.  Alaska completed $2 billion in financing during the t...

Allegiant reports fall in Q3 operating revenues
Allegiant reports fall in Q3 operating revenues

Allegiant’s consolidated operating revenue for the third quarter of the year has dropped by 0.6% to $562.2, compared to the same period of the previous year. The company’s consolidated operating loss ...

American Airlines team members ratify new contract extension
American Airlines team members ratify new contract extension

American Airlines team members represented by the TWU-IAM Association have ratified a new, 27-month contract extension.Voting on the extension opened on October 25, 2024, and closed on October 29,2024...

Minsheng closes aircraft portfolio financing
Minsheng closes aircraft portfolio financing

Crédit Agricole Corporate and Investment Bank ( CA-CIB) and MUFG Bank (MUFG), together as joint mandated lead arrangers, have closed a 7.5-year, $255 million, nine aircraft portfolio financing with Mi...

Air Canada is set to resume daily operations to China
Air Canada is set to resume daily operations to China

Air Canada is set to resume daily operations from Canada to Beijing, while increasing its Shanghai flights to daily, with both routes departing from Vancouver.This announcement comes after a number of...

Vietjet reports impressive 9m results
Vietjet reports impressive 9m results

Vietjet has reported an air transport revenue VND51.7 trillion ($2.03 billion) and a consolidated revenue of VND52.2 trillion ($2.05 billion) for the first nine months of the year. This shows revenue ...

Vietjet launches new service to South Korea
Vietjet launches new service to South Korea

Vietjet has launched its 12th route between Vietnam and South Korea, connecting Nha Trang and Daegu.In the first nine months of 2024, Vietnam has welcomed 12.7 million international visitors, 3.3 mill...

British Airways resumes operations to Thailand
British Airways resumes operations to Thailand

British Airways has resumed operations to the Thai capital, Bangkok. Departing from London’s Gatwick airport on October 28, 2024, the flight landed in Bangkok the following day, after four years of th...

Stratos completes the sale of four aircraft
Stratos completes the sale of four aircraft

Stratos has executed three separate transactions involving the sale of four aircraft. These include two A320 aircraft to Avion Express, one 737 freighter to a Middle Eastern buyer and one leased 777-3...

IAT Leasing acquires one A330 aircraft
IAT Leasing acquires one A330 aircraft

IAT Leasing (IAT) has acquired one 2006 vintage A330-300 aircraft. The aircraft is currently leased to the Irish flag carrier Aer Lingus, from Castlelake  "We are excited to further grow our portfolio...

CDB Aviation completes mandate to sell eight A330s
CDB Aviation completes mandate to sell eight A330s

CDB Aviation has completed a mandate to sell eight A330-200 aircraft.“We are pleased to complete this mandate for our shareholder. This one-of-a-kind transaction demonstrates CDB Aviation’s customer-o...

Emirates to expand operations across Africa
Emirates to expand operations across Africa

Emirates is set to increase its capacity across Africa, introducing additional flights to a number of destinations on the continent. Destinations that are set to receive additional flights include Ent...

Riyadh Air secures inaugural revolving credit facility
Riyadh Air secures inaugural revolving credit facility

Riyadh Air has closed its inaugural self-arranged Islamic revolving credit facility amounting to SAR 3.0 billion ($798.6 million). The facility also includes a committed accordion option for an additi...

Riyadh Air places order for 60 A321neo aircraft
Riyadh Air places order for 60 A321neo aircraft

Riyadh Air has placed an order for 60 A321neo aircraft.This order adds to the airline's existing purchase last year of 39 787's, with the option for 33 more, allowing the airline to operate a mixed fl...

DAE CEO comments on the strong aircraft trading market
DAE CEO comments on the strong aircraft trading market

Dubai Aerospace Enterprise (DAE) has reported a total revenue of $1.01 billion for nine months to September 30, 2024, up from $989.2 million in the same period last year.   DAE's profit before tax cam...

Latest in Airline

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British Airways resumes operations to Thailand
British Airways resumes operations to Thailand

British Airways has resumed operations to the Thai capital, Bangkok. Departing from London’s Gatwick airport on October 28, 2024, the flight landed in Bangkok the following day, after four years of the airline not operating to Thailand.British Airway...

Alaska reports strong Q3 performance
Alaska reports strong Q3 performance

Alaska has reported a net income of $236 million for the third quarter of the year, compared to net income of $139 million for 202 third quarter.  Alaska completed $2 billion in financing during the three-month period, backed by the company’s mileage...

Air Canada is set to resume daily operations to China
Air Canada is set to resume daily operations to China

Air Canada is set to resume daily operations from Canada to Beijing, while increasing its Shanghai flights to daily, with both routes departing from Vancouver.This announcement comes after a number of European carriers such as British Airways, LOT an...

Emirates to expand operations across Africa
Emirates to expand operations across Africa

Emirates is set to increase its capacity across Africa, introducing additional flights to a number of destinations on the continent. Destinations that are set to receive additional flights include Entebbe, Uganda, Addis Abba and Johannesburg.“Africa ...