Airbus shareholders have approved the company's proposed payment of a 2022 gross dividend of € 1.80 per share, a 30 cents' increase on 2021. The Toulouse-based airframe manufacturer said all resolutio...
Ashland Place Finance has completed new financing facility involving two Boeing 737-800s for World Star Aviation, "a leading full-service aircraft management company", according to Ashland Place "We a...
US government data suggest airfares rose by 2.6% in the fourth quarter of 2022 (Q4 2022) compared with the previous three-month period. According to the US Department of Transportation's Bureau of Tra...
The State Securities Commission (SSC) has urged Vietnam Airlines to disclose its audited financial report for the full year of 2022. “The State Securities Commission has requested the company to urgen...
Pakistan International Airlines (PIA) will receive another $53.6 million in the form of government guarantee. The Pakistan's Economic Coordination Committee (EEC) recently approved increasing the gove...
TUI AG has announced the successful completion of capital increase with subscription rights of €1.8bn to help it repay state aid received during the Covid pandemic and travel shutdowns. TUI, a travel ...
The Board of Directors and Shareholders of Dubai Aerospace Enterprise had authorized an additional $300 million for bond repurchases to be conducted through open market transactions. To date, DAE has ...
United Airlines recorded a $256 million pre-tax loss for the first quarter of 2023 (Q1 2023), even as revenue grew 51.% year-on-year to $11.4bn. The loss was "consistent with expectations provided in...
AirAsia X has requested an extension of three months to Bursa Malaysia to file its regularisation plan. The latest application requests a new date of July 28, 2023. In the October 2022 filing, the com...
The Asian Infrastructure Investment Bank has extended a €140 million loan to the operator of Turkey's Antalya airport to improve its existing runway capacity and terminal infrastructure. The capex bri...
MTU Aero Engines said its first-quarter revenues reached €1.54bn, with its maintenance, repair and overhaul operations making up just over £1bn of the total. "Before consolidation effects, the OEM seg...
Confusion around pricing and the perceived lack of a policy framework could stall the roll-out of sustainable aviation fuel (SAF) in Europe, says International Airlines Group (IAG) chief executive Lui...
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