FTAI Aviation has agreed to acquire a 50% stake in IAG Engine Centre Europe — a 200,000 square-foot CFM56 engine maintenance repair and overhaul (MRO) facility located at the Rome Fiumicino Airport, t...
Qantas reported a profit of A$923 million ($579 million) in the first half of the fiscal year, up 6.2% compared to a year prior. In addition, the company reported an underlying profit before tax of A$...
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...
The Federal Aviation Administration (FAA) has certified Pratt & Whitney’s GTF Advantage engine for A320 family aircraft. The Advantage is the latest engine from the GTF family to be certified.In Decem...
IndiGo has announced another firm agreement with Norse Atlantic Airways for damp lease of three Boeing 787-9 aircraft. These aircraft will be arriving in India in the second half of 2025 and will be s...
Preliminary traffic figures released by the Association of Asia Pacific Airlines (AAPA) for January show that a 19.9% increase in passenger traffic during the month was driven by a surge in leisure tr...
Vietjet Air has announced its inaugural air service between Vietnam and New Zealand, connecting Ho Chi Minh City with Auckland.The Ho Chi Minh City-Auckland service is scheduled to commence in Septemb...
SpiceJet has reported a profit of US$3.06 million in the third quarter of fiscal year 2025, compared to a loss of $35.294 million in the year-ago quarter. The airline’s total revenue grew by 35% to $1...
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...
Acorn Capital Management, a private equity firm, has acquired Pan Am Flight Academy. Based in Miami, Florida, Pan Am provides flight simulator-based training, and other ancillary services, focused on ...
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...
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