Oil prices surged above $100 a barrel for the first time since 2022 as markets opened today (March 9), driven by the escalating conflict in the Middle East and diminishing confidence of a quick resolu...
Wizz Air has received regulatory approval to operate flights between the United Kingdom and the US. However, the airline said it has “no plans” to launch regular commercial routes. Instead, the airlin...
Oman Air has operated additional flights yesterday and today (March 8-9) amid heightened demand. The increase in flights comes as conflict continues in the Middle East. With airspace closures in the r...
Lesha Bank intends to acquire the entire issued share capital of aircraft leasing firm Amedeo Air Four Plus (AA4+), incorporated in Guernsey.The proposed acquisition values AA4+ shares at 73 pence eac...
Bridges Air Cargo has begun operations with its Embraer E-Freighter, marking the aircraft's first entry into service. The aircraft will operate for Bridges Worldwide providing network solutions for th...
Equilibrion and Rolls-Royce SMR have signed a memorandum of understanding (MoU) to explore the use of small modular reactors (SMRs) to produce sustainable aviation fuel (SAF). The collaboration will f...
AIP Capital has appointed Dimuth Fernando to chief commercial officer. He has been with the company since 2024 as head of AIP's Singapore office where he led the commercial efforts in the APAC and cen...
Stratos has added three senior industry professionals to its team. Kushal Patel joins as head of Asia, based in Singapore; Muna Mohammad as VP risk & restructuring, based in London; and Tuulia Rajamak...
Crestone Air Partners has entered into a definitive agreement to acquire aviation asset manager Arena Aviation Capital. The acquisition will expand Crestone's aviation lifecycle platform's size and ca...
Lufthansa has said during its earnings call today (March 6) its hedging strategy as well as traffic moving to Europe from Middle East amid the conflict may help offset the cancellations for Middle Eas...
Aventure Aviation has acquired Atlanta Aviation International, an FAA-certified repair station based in Atlanta, Georgia. The MRO shop refurbishes aircraft interiors for commercial, business, general ...
Finnair has said today (March 6) it is preparing repatriation flights from Muscat, Oman to Helsinki to bring customers home who were stranded in Dubai amid the conflict in the region. The first flight...
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