During the first quarter of the year Avolon posted a net income of $145 million, an increase of 36% when compared to the same three-month period of the year prior.The lessor also reported its highest ...
PIF-owned AviLease has achieved investment grade ratings from Moody's and Fitch, the lessor said on April 29, 2025. The company was rated Baa2 with stable outlook by Moody's and BBB with stable outlo...
Singapore Airlines (SIA) has partnered with OpenAI to jointly develop and implement an advanced generative artificial intelligence (GenAI) solutions for the airline. SIA called it the “first of its ki...
Air cargo rates from Asia Pacific and worldwide weakened further in the week to April 20 due to uncertainties surrounding US tariffs, coupled with the Easter holidays, WorldACD said in its weekly carg...
A report by Transport & Environment (T&E), published on April 28, 2025, said European airline emissions in 2024 have almost reached 2019's pre-pandemic levels. With air traffic expected to grow this y...
Aircastle's profits climbed in the fourth quarter and full year ending February 28, 2025, citing a strong trading year.The company's net income for the fourth quarter totalled $61 million, more than d...
Mexican low-cost carrier Volaris reported a net loss of $51 million in the first quarter of the year, swinging from its net profit of $33 million last year. The result was driven by an 11.7% drop in r...
SkyWest's net profits soared to $100.5 million in the first quarter of 2025, up from $60.3 million a year prior. The US regional airline's total operating revenues were up from $803.6 million last yea...
Aviation is a key driver of Egypt's economy, according to a recent study by the International Air Transport Association (IATA).The study, based on 2023 figures, said aviation generated around $21.1bn ...
AerFin chief commercial officer James Bennett said the global shortage of maintenance technicians in the aviation aftermarket industry is an opportunity — despite the challenges it presents. Bennett p...
Etihad Airways has debuted its new A321LR featuring its first class product onboard the narrowbody aircraft.“The A321LR is an amazing aircraft which proves our commitment to luxury, customer experienc...
WestJet Cargo has expanded its Calgary-Seoul service, doubling its flight frequencies to meet growing demand for air cargo and passenger transportation between the two countries. From May 19, 2025, th...
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