Airlines in United States collectively reported over $1 billion after-tax net loss during the Q1 of 2023 and a pre-tax operating gain of $32 million. The overall result is nearly $4 billion better tha...
The Government of Canada has ordered the seizure of a Russian-registered Antonov An-124 belonging to the Volga-Dnepr Group grounded at Toronto Pearson Airport. The Government plans to transfer the air...
The Airport Council International (ACI) – Asia Pacific in collaboration with Flare Aviation Consulting has published a report on airfare trends. The study included 36,000 routes in the top 10 aviation...
Stressing on safe, reliable and resilient air travel, stronger consumer protections for the flying public, advanced research in innovation and a modernized national airspace system to maintain the gol...
Southwind Airlines has been prohibited from flying its Boeing 737 MAX aircraft into Russia, reports Izvestia. US authorities have blocked the airline from flying its Boeing 737 MAX-8 aircraft into the...
Lufthansa’s newest subsidiary City Airlines has been granted its Air Operator’s Certificate (AOC) by Germany’s aviation authority. The certificate will allow the carrier to operate aircraft heavier th...
The financial performance of Pegasus Airlines in 2022 has led to an upgrade in its credit rating. The airlines' long-term credit rating was upgraded from B+ to BB- by Fitch Ratings on April 14 2023 an...
Sydney Airport is on the Australian Competition and Consumer Commission (ACCC) radar to implement reforms on the slot allocation system. As pet the latest report by the ACCC, the current system is not...
Blocked funds in the aviation industry have rose by 47% from $1.5 billion in April 2022 to $2.27 billion in April 2023, according to the latest figures released by the International Air Transport Asso...
The International Air Transport Association (IATA) has unveiled a series of roadmaps aimed at providing step-by-step detailing of critical actions and dependencies for aviation to achieve net zero car...
The airline industry is expected to record a net profit of $9.8 billion with rising passenger traffic and revival of the local economies. International Air Transport Association (IATA) announced an ex...
Asia Pacific Airlines has challenged the Nauru Airlines application with the US Department of Transportation (DOT) to seek a foreign air carrier permit to run flights to the United States. In May, Nau...
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