Turkish Airlines reported strong traffic growth in March, with both passenger volumes and load factors rising, according to filings with Public Disclosure Platform. The carrier transported 7.2 million...
The Latvian carrier airBaltic has appointed Seabury Securities as its strategic and financial adviser, a move that may signal preparations for a capital raise, partial privatisation or a potential str...
The airline named Prof. Murat Şeker as chairman of the board and executive committee, while Ahmet Olmuştur has been appointed chief executive officer. Şeker, who has served as chief financial officer ...
Airline treasurers should reconsider how they manage fuel risk as the latest jet fuel shock is hitting airline profitability and financial liquidity, covenant headroom and broader strategy, according ...
IAG has withdrawn from the bidding process for a stake in TAP Air Portugal, leaving Lufthansa Group and Air France-KLM as the remaining contenders, according to Reuters. The Portuguese authorities h...
Airbus reported a modest recovery in March deliveries, but first-quarter output remained under pressure as engine shortages and supply-chain disruptions continued to constrain production. The pan-Euro...
UK budget airline easyJet is now the most attractive investment opportunity in the European airline space after a broad sector sell-off triggered by the Middle East conflict, according to research fro...
European Union Aviation Safety Agency (EASA) has extended its advisory on operations in parts of the Middle East, as continued instability in the region disrupts air travel and keeps risk levels eleva...
A consortium led by Sumitomo Corporation, alongside SMBC Aviation Capital, Apollo Global Management and Brookfield Asset Management, has completed its acquisition of Air Lease Corporation, creating a ...
Aura Aero has raised €50m in a Series B funding round, taking total financing to €340m as the company moves towards industrial-scale production of its hybrid-electric aircraft. The latest round was ba...
The High Court in London has awarded summary judgment of nearly $8m against low-cost India-based carrier, SpiceJet, in a dispute with engine lessor Sunbird France, after the carrier failed to particip...
APOC Aviation is accelerating its strategy to capture a larger share of the resilient used serviceable material (USM) market with the announcement of the acquisition of an Airbus A320-200 for immediat...
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