United Airlines profits soared in the fourth quarter of 2024, climbing 64.2% from the same period a year prior to $985 million, or earnings per share (EPS) of $2.95. Full year net income climbed 20.3%...
Lufthansa Group has closed its €325 million deal to acquire a 41% stake in ITA Airways, the company confirmed on January 17, 2025. The Italian airline is now officially part of the Lufthansa Group, be...
Moving swiftly into the New Year, we are excited to welcome delegates back to Airline Economics’ Growth Frontiers Dublin 2025. The year ahead is proving promising for the industry, with panellists exp...
Delta said it delivered “the most profitable December quarter” in its history with the publication of its fourth quarter results on January 10, 2025. The company generated a pre-tax income of $1.2bn, ...
After reports earlier in the week suggested Airbus would deliver around 760 aircraft in 2024, the French OEM has now confirmed it in fact delivered 766 aircraft in the year — only four short of its an...
Dubai Aerospace Enterprise (DAE) signed a definitive agreement to acquire 100% of Nordic Aviation Capital (NAC), the company said on January 7, 2025.The company did not disclose the terms of the trans...
One year after a panel blew out of an Alaska Airlines 737 MAX, shortly after it took off, the US Federal Aviation Administration (FAA) has said that Boeing needs “a fundamental cultural shift” to put ...
South Korea’s transport ministry has extended inspections of the country’s 737-800 aircraft following the crash of Jeju Air flight 2216 on December 29, 2024, with engine manufacturer GE Aerospace join...
South Korea's acting president, Choi Sang-mok, has called for an immediate safety inspection of the country’s airline operations, just one day after the tragic crash of a Jeju Air flight at Muan Inter...
Cathay Pacific is projecting a “strong” financial performance for the second half of 2024, the company said in a report on December 20, 2024. “The group projects a strong second-half financial result ...
Turkish low-cost carrier has ordered up to 200 737 MAX aircraft on December 19, 2024. The order consists of 100 firm orders plus options for the same amount. Pegasus opted for the 737-10 — the largest...
Taiwan flag carrier China Airlines is set to order 20 passenger widebody aircraft — split between Airbus and Boeing — according to a filing the company made on the Taiwan Stock Exchange on December 19...
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