Finnair passenger traffic down 2% in February
Finnair's passenger traffic was down 2.3% to 804,700 passengers in February 2024 year-on-year (YoY). The airline noted that despite the leap year's extra day, the decrease was mainly caused by a polit...
Finnair's passenger traffic was down 2.3% to 804,700 passengers in February 2024 year-on-year (YoY). The airline noted that despite the leap year's extra day, the decrease was mainly caused by a polit...
National Jet Express (NJE), part of the Rex Group, has added another aircraft to its fleet with the E190, totalling its fleet of the aircraft type to seven. The aircraft which will arrive at Perth, We...
Nordic Aviation Capital has received a 9.1 from Morningstar Sustainalytics for its ESG risk rating. NAC is the only aircraft leasing company to have attained this top ranking, currently the best ratin...
GE Aerospace has reached an agreement with Ethiopian Airlines for 16 GE9X engines to power the airline's new fleet of 777X aircraft. Ethiopian Airlines is the first GE9X customer in Africa. ""Today...
Lufthansa Group has doubled its net profit from €791 million ($862 million) to €1.67bn ($2.1bn) for the full year of 2023. Total revenue increased from €30.9bn ($33.7bn) to €35.4bn ($38.58bn). ""Wi...
Airbus has unveiled its full electric eVTOL aircraft, the CityAirbus NextGen. It is expected to have its maiden flight later in 2024 and will be suited for operations in major cities for various missi...
Emirates has signed a memorandum of understanding (MoU) with Icelandair to expand their existing interline partnership into a reciprocal codeshare agreement. Icelandair president and CEO Bogi Nils ...
US domestic airline Global Crossing Airlines (GlobalX) has reported a full year net loss of $20.8 million in 2023, a further decline over 2022's net loss of $15.8 million. Loss per share was at 37 cen...
IBM and Riyadh Air have expanded their collaboration at the annual technology conference, LEAP, in Saudi Arabia. The airline, which is scheduled to commence operations in early 2025, is planning to ut...
Vertiport infrastructure for the advanced air mobility company Skyports Infrastructure has signed an agreement to develop UK's first vertiport testbed at Bicester Motion, Oxfordshire, an estate dedica...
Renewable natural gas and fuels company Aemetis has received an authority to construct air permits for its planned sustainable aviation fuel (SAF) and renewable diesel production plant in Riverbank, C...
UK chancellor of the exchequer Jeremy Hunt has confirmed in his Spring Budget speech on March 6, 2024, that he will increase the air passenger duty (APD) for business and first-class passengers on dom...
We're Social