With global passenger growth predicted to rise 12% in 2024 (versus 2023 figures), Cirium Ascend Consultancy predicts that ongoing delivery delays and supply shortages may nevertheless continue to impa...
Austrian Airlines has entered into a new agreement with Braathens Regional Airlines (BRA) to begin in summer 2024. The regional airline will operate on selected routes on behalf of Austrian Airlines t...
A new clean aviation technology venture, HEROPS (Hydrogen-Electric Zero Emission Propulsion System) is underway, with MTU Aero Engines leading several partners to develop a hydrogen-powered electric p...
Avolon reported a net income of $339 million for the full year of 2023. Its fourth quarter results also saw net income increase to $110 million, up from $41 million in Q4 2022. Operating cash flow for...
DHL Aviation workers at the UK's East Midlands Airport will follow their initial ten day strike (beginning February 9) with a further 14 days of action. DHL's union, Unite, confirmed the escalation, w...
Aviation market intelligence and advisory company IBA has predicted that airline industry net profit per passenger will increase by almost 60% between 2023 and 2024. IBA Insight data attributes this t...
Finnair's January 2024 passenger traffic has increased 0.4% over January 2023 to 819,800 passengers for the month. Passenger numbers were up YoY in January by 3.4% in Europe and 0.6% in Asia. North At...
Ryanair has welcomed the EU General Court ruling that a EUR 2.4 billion ($2.6bn) Covid-19 state aid grant made by the Netherlands to Air France-KLM in 2020 was illegal. This is the second time the cou...
European budget airline Wizz Air has received a B score for its 2023 climate change ranking. The score was given by global environmental disclosure nonprofit CDP. The ranking is a significant improvem...
US-European aerospace startup Cosmic Aerospace has raised $4.5 million ($4.84 million) in seed funding to ‘accelerate the development’ of its 1,000 km-range ‘Skylark’ electric aircraft. The seed ro...
Airports and airlines spent an estimated $45.3bn on IT in 2023, according to SITA's 2023 Air Transport IT insights report. Airports spent an approximate $10.8bn and airlines around $34.5bn in 2023. ...
Low-cost airline Ryanair has been awarded an ‘A-‘ rating on climate protection from the CDP, an international non-profit that runs an environmental disclosure system for investors, companies, cities, ...
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