After a string of net losses following the wake of the COVID-19 pandemic, Wizz Air has returned to profitability in the full financial year ending March 31, 2024. It reported a net profit of €365.9 mi...
Finnair has successfully bought back €320.1 million in its tender offer from May 14 of its €400 million 4.250% notes due May 19, 2025. The purchase price of the notes was €1,005 per €1,000, with ac...
Latvian airline airBaltic's net loss hit €40.6 million in its first quarter 2024 report, marking a greater loss from the same period last year of €10.3 million. Its CEO and president Martin Gauss ...
Romania's AIAS have confirmed that a Turkish Airlines A330-300 “destroyed 10 edge lights” on the north side of the runway at IAG Istanbul Airport, alongside an information board The incident, which...
Air France-KLM has successfully bought back €452.7 million of notes in its tender offer from May 13 of its €750 million 1.875% notes due January 2025; and €500 million 3.875% notes due July 2026. T...
Lufthansa Systems and JR Technologies plan to cooperate to provide airlines with an end-to-end solution based on Offer, Order and Financial Management, including payment and accounting. JR Technolo...
The helicopter leasing market is seeing stronger demand, with helicopter fleets reaching 10% of leased rotorcraft in 2023, and the figure projected to grow to 15% by the end of the decade. Aviation...
SITA has acquired Materna IPS. A statement from SITA says the move will “reshape the entire aviation industry, creating the world’s most powerful passenger portfolio for airports and digital travel...
Germany based flyvbird has announced a partnership with French travel planning technology start-up, Moove. A statement from Flyvbird explained that the company will “employ Moove’s SaaS-B2B marketp...
Airbus UpNext has begun testing new technologies to support automatic taxiing and enhance pilot assistance onboard an electric truck. The three-year research project, called Optimate, will combine ...
Moody's upgraded International Airlines Group's (IAG) - the parent company of airlines such as British Airways (BA), Iberia, and Aer Lingus - senior unsecured ratings to Baa3 from Ba2 on May 15, 2024,...
AXIS Flight Simulation has successfully qualified the heads-up-display (HUD) and enhanced vision systems (EVS) for Rega Swiss Air Rescue's Bombardier Challenger CL650 level D full flight simulator; th...
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