Boeing is set to record an after-tax charge of $4.9 billion in its second financial quarter with most of the money being used to compensate Boeing's customers for schedule disruptions and delays in a...
EasyJet has poached a top executive from its main rival, Ryanair. Peter Bellew announced a week ago that he was leaving the Irish airline, where he is chief operations officer. Bellew, who is ...
Ryanair has updated its investors over the current uncertainty surrounding its Boeing 737 Max deliveries. In a show of confidence toward the Boeing 737 Max, Ryanair has re-issued its commitment to...
Thomas Cook is in 'advanced discussions' with its largest shareholder, and its banks, about an injection of £750 million. The talks with largest shareholder, Fosun Tourism Group, would provide liqu...
Norwegian Air CEO Bjørn Kjos has stepped down from his position after 17 years at the helm. The airline has appointed CFO Geir Karlsen as its a interim CEO, while chairman Niels Smedegaard will ta...
Airbus is set to overtake Boeing as the world's biggest planemaker for the first time in eight years due to the prolonged 737 Max grounding. In new figures released, Boeing reported 239 commercial...
British Airways is facing a record fine of £183 million in relation to last year's breach of its security systems. “We are surprised and disappointed in this initial finding from the ICO. British ...
The previous owner of Avianca is reportedly interested in the takeover of Alitalia, according to reports financial daily Il Sole 24 Ore. German Efromovich was ousted as owner of Avianca in May foll...
International Airlines Group (IAG) has issued two tranches of senior unsecured bonds. The first tranche has a proposed initial principal amount of approximately €500 million due 4 July, 2023. IA...
In a statement, the US Federal Aviation Administration (FAA) revealed a further potential risk with the 737 Max aircraft that it says Boeing must mitigate. Further details on the risk were not disclos...
International Airlines Group has signed a letter of intent to purchase 200 of Boeing's currently grounded 737 Max jets in a deal which could be worth more than $24 billion. IAG, the parent company of ...
Lufthansa shares fell by 11.5% this morning at the open after the German flag carrier lowered its profit outlook for 2019 from €2.4-3bn to €2-2.4bn, citing price competition from low-cost rivals. In a...
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