American Airlines' shares fell 15% on May 29, 2024, after it updated its second quarter 2024 guidance. The guidance had changed its adjusted operating margin from 9.5%-11.5% to 8.5%-10.5%. Its adjuste...
“Rapid change in gravitational force” combined with a 54 metre altitude drop resulted in injuries suffered onboard flight SQ321, an investigation by the Singaporean Ministry of Transport (MOT) and its...
Brazilian airline GOL Linhas Aereas Inteligentes plans to raise $1.5bn in equity to pay off its debtor-in-possession (DIP) financing and refinancing of $2bn of its senior secured debt, it said in its ...
Boeing's year continues to be plagued with difficulties as its shares fell well over 7% on May 24, 2024, at market close, as the company said its poor delivery results were likely to filter into the s...
Singapore Airlines CEO Goh Choon Phong has issued an apology following the severe turbulence that hit flight SQ321 when flying from London Heathrow to Singapore, leaving one dead and 64 injured. In...
Saudi Group announced the largest aircraft deal in Saudi aviation history with Airbus during the first day of the Future Aviation Forum 2024. Saudia Group, represented by Saudia, the national flag ...
Air travel demand remains strong in the first half of 2024 as indicated by first quarter results posted by the world’s airlines in the past few weeks, with passenger traffic expected to exceed pre-pan...
easyJet chief executive (CEO) Johan Lundgren has announced his intention to retire and depart the airline in early 2025. Lundgren will be replaced by Kenton Jarvis. He joined easyJet in February 20...
TAP Air Portugal’s privatisation is likely to “come out before summer”, according to the airline’s CEO and chairman Luis Rodrigues. Speaking at the airline’s 75th anniversary event held in London on M...
Grupo Aeroméxico has filed paperwork with the US Securities & Exchange Commission (SEC) for a planned initial public offering on the New York Stock Exchange (NYSE). The Mexican airline, which emerg...
The Aviation Working Group (AWG) has published a legal opinion it commissioned from two of the leading academics in the US to clarify the application of the Cape Town Convention (CTC) under Chapter 11...
UK Aviation Minister, Anthony Browne, who is also the Minister for the decarbonisation of transport, said today that the goal of the UK’s climate agenda was not to stop people flying but to incentivis...
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