Icelandair swings to loss in 2024 results
Icelandair's reported a net loss of $20.2 million in 2024, swinging from the previous year's net profit of $11.2 million. Fourth quarter let losses improved from $37.8 million in 2023's fourth quarter...
Icelandair's reported a net loss of $20.2 million in 2024, swinging from the previous year's net profit of $11.2 million. Fourth quarter let losses improved from $37.8 million in 2023's fourth quarter...
Average global air cargo rates edged upwards in the final full week before the Lunar New Year, with average full market worldwide pricing up by 4% to $2.52 per kilo, representing an 11% increase when ...
Ryanair is reducing capacity in another European country, closing its Billund base in response to what the airline described as “harmful” aviation tax implemented by the Danish government.This closure...
Lufthansa Group has signed an agreement to receive a convertible share representing a 10 per cent stake of the Latvian state airline airBaltic which will be issued at a subscription price of €14 milli...
Icelandair has launched a new route to Miami to its network on January 30, 2025. The new route will operate three days per week from October 25 through March 2026. “Miami will fit well into our route ...
The digital transformation of the aviation maintenance, repair and overhaul (MRO) industry can provide a “wealth of opportunities”, QOCO Systems said in its latest whitepaper. Benefits such as safety,...
Wizz Air reported €241.1 million net loss in its third quarter results, ending December 31, 2024, widening from €105.4 million in the same period a year prior, the company reported on January 30, 2025...
London Luton Airport has pressed for a “quick decision” on its expansion. The airport's owner and operator said its long-term expansion would deliver 10,900 new jobs at the airport and in the supply c...
Global law firm Watson Farley & Williams (WFW) has successfully represented the Associazione Italiana Compagnie Aeree Low Fares (AICALF) and airlines easyJet, Ryanair, and Volotea in a legal dispute b...
airBaltic and Latin American startup airline Sociedad Uruguaya de Aviacion (SUA) Líneas Aéreas have entered a new wet lease agreement.As part of this new partnership between the two airlines, airBalti...
Ryanair will invest $100 million into its UK operations, adding an additional 737 aircraft at London Stansted Airport as well as opening seven new additional routes from the airport.The new routes fro...
Norsk e-Fuel has partnered with Prime Capital, the latter of which will become a key investor into the Norwegian renewable aviation fuel project developer. The investment will help advance Norsk e-Fue...
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