US and China have agreed to cut tariffs by 115% for 90 days, after trade talks were held in Geneva from May 10 to 11. The US had lifted its tariffs on Chinese imports to 145%, while China imposed 125%...
US president Donald Trump is in discussions with the Qatar royal family to receive a 747-8Z5 luxury aircraft, according to CBS News. The plane would be used for the presidential Air Force One. Reports...
The Lufthansa Group has extended its suspension of flights to and from Tel Aviv, after a recent missile strike near to Ben Gurion Airport triggered airlines globally to halt operations to the city. T...
Air Canada posted disappointing results for the first quarter of the year amid economic uncertainty for the industry. The airline’s revenues dropped C$30 million ($21.5 million) to C$5.2bn ($3.7bn) in...
Singapore-based SIA Engineering Company (SIAEC) posted earnings of S$139.6 million ($107.6 million) for the year ending March 31, 2025, up 43.8% on the prior fiscal year.Supported by “stable growth” i...
Acorn Capital Management said on May 8, 2025, that its managed entity, Scissortail Aviation International Leasing, has acquired four A330-300 aircraft from Altavair.The aircraft are currently on short...
Horizon Aircraft has appointed Justin Chapman as a senior technical advisor, to support the company’s aircraft system development, focusing on electronics, batteries, and electric propulsion.Chapman h...
Japan's All Nippon Airways (ANA) reported a net profit of 153.8bn Japanese yen ($1.1bn) for the full financial year ending March 31, 2025, slipping 4.4bn yen ($30.3 million) compared to the prior year...
Aviation asset management company based in United Arab Emirates Aeras Aviation has appointed Todd Jensen as executive vice president of strategy and growth and Victor Lopez as executive vice president...
SriLankan Airlines' air freight arm SriLankan Cargo has secured CEIV lithium batteries certification from the International Air Transport Association (IATA). “This certification marks a significant mi...
Delta Air Lines and Korean Air will acquire a combined 25% stake in Canadian carrier WestJet from private equity firm Onex, in a deal valued at $550 million.Under the new agreements, both airlines wil...
During the first week of May global air cargo volumes saw a decline - driven primarily by a sharp fall in shipments from the Asia-Pacific region along with regional holidays and regulatory changes in ...
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