American Airlines has reported a record profit during the fourth quarter of 2024, recording a GAAP net income of $590 million, compared to $19 million during the same quarter a year prior. The Texas-b...
Lufthansa Technik and LOT Polish Airlines are extending their cooperation in maintenance, repair and overhaul (MRO). The airline awarded the MRO company a first batch of services on CFM International ...
Safran Aircraft Engines has finalised the acquisition of engine parts repair company Component Repair Technologies (CRT) on January 23, 2025. The acquisition is part of Safran's €1bn investment plan t...
Broward Aviation Services has acquired a 737 NG airframe from AerCap for disassembly. The aircraft was previously operated by South Korean operator t'way Air. The disassembly for the vintage 2004 airc...
Tower Arch Capital-backed company LifePort has acquired business jet seating manufacturer PAC Seating. The company will be a wholly owned subsidiary of LifePort. Existing operators Jad Azzi and Hector...
SAS and Air Europa have expanded their codeshare agreement on January 23, 2025. The expanded agreement will provide SAS' customers with access to 12 key destinations in Spain and Portugal, while Air E...
Fitch Ratings has upgraded Castlelake Aviation on January 21, 2025, after the recent acquisition by Avolon was finalised last week.The ratings agency upgraded the company to BBB- from BB with a positi...
Philippine Airlines has not exercised the early termination option contained in the lease of one 777-300ER with Singapore lessor Avation. The early termination option has therefore expired. “Avation i...
Go First Airways has been ordered into liquidation by an Indian tribunal after a request from the airline's lenders, local media reported on January 20, 2025. The decision reportedly came after the ai...
Ryanair is adding one additional based aircraft from October 2025, the company said on January 21, 2025. The new based aircraft represents an incremental $100 million investment, bringing the total in...
The Carbon Market Association of India (CMAI) has appointed TruAlt Bioenergy founder Vijay Nirani as the co-chairperson of the India Alliance on Sustainable Aviation Fuel (SAF).The initiative will be ...
President Donald Trump’s nomination to lead the US Department of Transportation (DOT) has pledged to maintain a cap implemented on Boeing's production of 737 MAX aircraft.The newly inaugurated preside...
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