Dubai has restricted foreign airlines to one daily flight to its airports until May 31 due to the ongoing US-Iran conflict, a move expected to disproportionately hurt Indian carriers, according to Reu...
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 ...
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...
Dubai Aerospace Enterprise (DAE) and Blackstone Credit & Insurance have agreed to launch a multi-billion dollar global aircraft leasing investment platform, targeting around $1.6bn of annual deploymen...
Ethiopian Airlines is using its 80th anniversary to underline accelerating Asia–Africa traffic flows, with Singapore emerging as a key strategic gateway as passenger demand between Southeast Asia and ...
The airline industry is breathing a massive sigh of relief over news that the US has agreed a two week ceasefire with Iran including reopening the Strait of Hormuz to all shipping, as jet fuel supplie...
Airlines have cut flight schedules sharply in response to the ongoing Middle East conflict, erasing expected growth in April and disrupting global travel patterns, according to a research note from BN...
Azorra, the U.S.-based commercial lessor, has acquired nine General Electric CF34-10E engines from Dubai Aerospace Enterprise, expanding its engine leasing portfolio as airlines face ongoing maintenan...
Private jet demand in Europe is expected to rise sharply heading into the summer travel season, with business aviation traffic typically increasing by as much as 70% between spring and the July peak, ...
Airlines and airports around the world are taking increasingly drastic measures to manage a deepening jet fuel crisis, with supply shortages and surging prices forcing operational changes across Europ...
Global airlines could face bankruptcies within weeks if the conflict in the Middle East persists, according to Gediminas Ziemelis, chairman of Avia Solutions Group, an aircraft services business, who ...
Oman’s low-cost carrier, SalamAir, has announced the temporary suspension of several routes due to airspace closures related to the conflict in the Middle East. Flights to and from Iran have been susp...
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