Global passenger demand during January 2025 increased by 10%, when compared to the same period of the year prior, according to data from the International Air Transport Association (IATA). IATA said t...
Rolls-Royce’s civil aerospace segment reported a gross profit of £2bn in 2024, up 44% on 2023, the company reported on February 27, 2025. Revenues were up 24% to £9bn.The civil aerospace segment impro...
The UK government has said that it is inclined to approve plans to add a second runway at London’s Gatwick Airport but is pushing back a deadline for a final decision on the matter until October.The U...
Norse Atlantic Airways’ net losses totalled $35 million in the fourth quarter of 2024, improving $30 million compared to the same period a year prior. The company said it also turned out a profit in D...
airBaltic will increase flight frequencies between all three Baltic capitals and Amsterdam from March 30, 2025.The airline will offer three daily flights from Riga to Amsterdam, plus two daily flights...
Manchester Airport is to be the UK’s first major international airport to adopt a ‘hybrid’ digital control tower as part of a project announced with the air traffic service, NATS.Working with NATS and...
AerCap, the world’s largest aircraft lessor, has continued to make strong gains on asset sales throughout 2024 as the supply of new aircraft remains constrained. Chief executive of AerCap, Aengus Kell...
Portuguese charter and wet-lease carrier euroAtlantic Airways has terminated its contract with Mozambique's flag-carrier, Linhas Aéreas de Moçambique (LAM) on February 27, 2025, citing the airlines fa...
French private investment company Ardian will acquire an additional 10% stake in Heathrow Airport's holding company FGP Topco. The company had previously acquired a 22.6% stake in the airport's holdin...
Poland’s LOT has recorded a strong financial result for 2024, despite numbers falling behind record figures posted in 2023. The airline cited profitability as being driven by active network management...
Turkish Airlines launched its package holiday brand globally at a launch event held in London. The brand is offering over 200 destinations across 60 countries. “Passengers travelling outbound from Tür...
German electric vertical take-off and landing (eVTOL) developer Lilium Aerospace has filed for insolvency again after funding promised by an investor did not materialise on time. The company had laid ...
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