Korean Air’s net profit almost tripled from over last year as travel demand recovered with the ease of pandemic restrictions. The airline reported a net profit of $285 million for Q3 of 2022. The air...
Brisbane Airport has made two major announcements related to airport expansion and renewable energy. Anticipating the rising passenger traffic in coming years, the Brisbane Airport Corporation (BAC) i...
AirAsia recently expanded its third direct international route from Sibu to Singapore operating four times a week. Earlier this year, AirAsia launched two back-to-back direct routes connecting Sarawak...
AirAsia X is set to be the first airline from Malaysia to reconnect direct flights from Kuala Lumpur to Busan, South Korea in early 2023. The thrice-weekly flights will be the airline’s second route t...
Cathay Pacific Group is expecting to achieve the pre-pandemic capacity by the end of 2024. The airline is planning to add over 3,000 flights and reach one-third of capacity by the end of 2022. The Gro...
Cathay Pacific group recently announced major changes to its senior management, effective over the next few months. Augustus Tang will retire from the position of Chief Executive Officer to join a new...
Virgin Australia has signed a 10-year TrueChoice Overhaul Agreement with GE Aerospace for the service of its CFM56-7B engines, which power its fleet of Boeing 737 Next Generation aircraft. The airline...
The recent relaxing of pandemic restrictions in China might prove beneficial to Chinese and regional lessors as most of them have large exposure to Chinese airlines that have suffered significant fina...
India and Canada have expanded the Open Skies agreement giving the airlines unlimited flying rights between the two countries. As a part of the new agreement, airlines will not have to restrict themse...
SpiceJet has reported a consolidated net loss of $104 million in Q3, 2022. The airline reported a net loss of INR 5610 million last year. “Total revenue for the reported quarter was INR 21.04bn as aga...
Following major lessors like AerCap Holdings, Avolon, and Dubai Aerospace Enterprise, BOC Aviation has also begun legal action in pursuit of claims against 16 insurers for the BOC Aviation-owned aircr...
The Investment Information and Credit Rating Agency of India (ICRA) reported a negative outlook for the Indian aviation industry for the financial year 2023. As per the report, the Indian airlines are...
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