Allegiant Travel Company and Sun Country Airlines have received early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act for Allegiant’s proposed acquisition of S...
The US-Iran war continues to impact the Middle East and wider airline industry. A drone attack on Dubai airport caused a fire earlier today that caused several flights to return to their origin airpor...
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...
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...
Ongoing conflict in the Middle East is expected to impact Wizz Air's fiscal year net profits by around €50 million, the airline has said yesterday (March 4). As a result, the airline's net profits wil...
Avolon has completed its inaugural Samurai loan facility, raising a total of $420 million equivalent of unsecured financing from a consortium of Japanese and international banks. The dual tranche five...
Tensions in the Middle East erupted over the weekend, with conflict beginning in Iran before quickly spilling into other jurisdictions. As a result, airlines cancelled thousands of flights, leaving th...
International Airlines Group (IAG) has reported yet another year of record financial performance, with 2025 operating profits climbing 17.3% to €5bn. Operating margin grew 1.3 percentage points to 15....
Dubai Aerospace Enterprise (DAE) has signed a definitive agreement to fully acquire Macquarie AirFinance for an approximate enterprise value of $7bn. DAE will add 37 new airline customers to its portf...
Volaris has said it expects to end 2026 with around 25 aircraft on ground (AOG). The grounded aircraft are a result of ongoing geared turbofan (GTF) engine inspections. Management said it is at an “in...
Spirit Airlines has reached an agreement on key terms of a restructuring support agreement with its existing debtor-in-possession (DIP) lenders and secured noteholders. The airline said that with this...
Azul has appointed John S. Slattery to its strategy committee, the company said today (February 23).The appointment was effective on the same day as the airline's exit from Chapter 11 restructuring on...
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