Mexican low-cost airline Volaris’ net profit plummeted in the fourth quarter of 2024, falling 59% to $46 million for the period. The company said it is facing “continuous adversity” from Pratt & Whitn...
Azul Brazilian Airlines reported a net loss of 4.4bn Brazilian reais ($767.4 million) in the fourth quarter of 2024, widening significantly from 52.8 million reais ($9.2 million) a year prior. In addi...
Dubai-based budget carrier flydubai has posted a record pre-tax profit totalling $674 million in 2024, up 16% in comparison to results from the year prior. This was driven by lower fuel costs and stro...
BOC Aviation has purchased five new 737 MAX 8 aircraft from Boeing, which will be placed on long-term leases with Dominican Republic-based airline Arajet.“We are delighted to be extending our relation...
The A330 may be a key driver of profit and cash generation for Rolls-Royce' civil aerospace segment, according to a Bloomberg Intelligence report. “The Airbus A330 continues to return to service, with...
Norse Atlantic Airways will commence a new service between London’s Gatwick airport and the Thai capital Bangkok this winter. The service will launch on October 26, 2025, with flights operating up to ...
Alternative global alternative asset management group Tikehau Capital, along with Amundi Private Equity Funds, investors from Credit Agricole group — including IDIA Capital Investissement— and Arkea C...
The CEO of Cyprus Airways has criticised an upcoming day-long strike by air traffic controllers in Greece, stating the action will result in “terrible disruption to passengers”. The Cypriot flag-carr...
Aviation Capital Group (ACG) delivered two 737 MAX 8 aircraft to Air India Express, the company said on February 21, 2025. The aircraft feature LEAP-1B engines. The delivery marks the third and fourth...
AirAsia X will publish internal target to improve the “transparency and accountability” as part of its financial disclosures, the company said on February 24, 2025. The company said this will provide ...
The Lufthansa Group will recommence flights to Tehran from March 1, 2025, after an extended suspension of operations to Iran. In October 2024, the airline group prolonged a pre-existing suspension of ...
Workers at Munich Airport, represented by the Verdi workers union, will conduct a two-day strike commencing February 27, 2025.This strike announcement follows similar action taken by workers at Dussel...
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