American Airlines took on additional debt during the pandemic, with its debt level peaking at over $54bn in mid-2021 (inclusive of debt, lease liabili...
Riyadh Air is slowly revealing its operating model to the world. At the Dubai Airshow in November, the airline introduced its second aircraft livery...
The exceptional individuals of the Airline Economics 40 under 40 Class of 2023 have been chosen from among the brightest talents in the aviation indus...
Amidst recovering passenger traffic, increasing capacity and networks, recruitment drives and a promises for cleaner, greener and a more sustainable a...
ABL Aviation has financed €170 million worth of ground support equipment (GSE) with ground service support provider Swissport.Structured as a multi-draw senior secured facility with an accordion up to...
Boeing has launched two concurrent offerings today, which include the sale of 90 million shares of common stock at par value of $5.00 per share; and $5bn depositary shares, each representing a 1/20th ...
French aerospace company Safran has reported a revenue of €6.6 million ($7.1 million), during the third financial quarter of the year, up by 14% in comparison to the same period of 2023. This was driv...
MTU Aero Engines swung to a net profit of €211 million, or €3.90 earnings per share, it said in its third quarter earnings report on October 24, 2024. This is compared to a net loss of €568 million, o...
KlasJet is to lease one 737 to Congo Airways on a six-month contract from November until the end of April of next year.Congo Airways previously partnered with KlasJet for a four-month contract in 2023...
GA Telesis has signed a purchase agreement to acquire 23 used A320 and A321 aircraft from Spirit Airlines. This acquisition boosts GA Telesis' fleet portfolio, allowing the company to meet increasing ...
SkyWorks Holdings reported a series of transactions and activities performed across its advisory and asset management platform throughout the third quarter of the year.The company was retained by Flai...
Aircraft Engine Lease Finance (AELF) has leased one 737-800 to South African operator FlySafair.The aircraft is one of several acquired by AELF recently -- as it continues to add newer model 737-800s ...
“Boeing strikes could set them back a further five years” says Steven Udvar-Házy as he discusses OEM delaysAir Lease Corporation executive chairman, Steven Udvar-Házy believes that ongoing setbacks a...
JetBlue has posted a net loss of $60 million, or $0.17 per share, for the third quarter of 2024, while the adjusted net loss - excluding special items - was $54 million, or $0.16 per share. The airlin...
Frontier Airlines has reported an increase in operating revenues during the third quarter of the year, increasing by 6% to $935 million. The airline reported a net income of $26 million in comparison ...
Boeing has priced its two upsized concurrent offerings, which 112.5 million common shares, up from 90 million announced on October 28, at $143 per share, and its $5 billion depositary stock offering a...
Vietjet has launched its 12th route between Vietnam and South Korea, connecting Nha Trang and Daegu.In the first nine months of 2024, Vietnam has welcomed 12.7 million international visitors, 3.3 mill...
Vietnam Airlines and Garuda Indonesia have signed a memorandum of understanding (MoU) to expand their strategic partnership. The expansion will focus on enhancing the passenger the passenger and airfr...
AirAsia X delivered strong operating statistics during the third quarter of 2024, with a passenger load factor of 84%, up by four percentage points compared to the same period of the year prior.The ai...
Julius Bear has entered a new partnership with Cathay Pacific to promote the use of sustainable aviation fuel (SAF), as part of the airline’s corporate SAF programme. “As one of the early adopters of ...
Lufthansa Group has reported an operating profit of €1.3 billion for the third quarter following a strong summer travel season. Revenue was the “strongest in the company’s history” at €10.7bn up 5% ov...
Lufthansa Cargo has commenced a new transpacific service from Ho Chi Minh City to Los Angeles. The service began on October 27, 2024, with the first flight being operated by its JV subsidiary AeroLogi...
Brussels Airlines has reported strong financial results for the third quarter of the year recording a record quarterly profit during the period between July and September of this year.The Belgian flag...
Virgin Atlantic is set to operate flights between London and Brussels during the winter season with the aim of transporting cargo during the winter period.The service between the two cities will be op...
Challenge Group has appointed Udi Sharon as the CEO of Challenge Airlines IL. In his new role, Udi will lead all company activities in Israel and join the senior executive management team of the globa...
KlasJet is to lease one 737 to Congo Airways on a six-month contract from November until the end of April of next year.Congo Airways previously partnered with KlasJet for a four-month contract in 2023...
Emirates has signed two Memorandum of Understandings (MoUs) with Vietnam Airlines and VietJet, aimed at strengthening connectivity and offering more travel choices between Dubai and its Vietnam.“Enhan...
Etihad has made changes on services to both Toronto and Boston.The airline has made an equipment change for its service to Toronto, with Etihad's A350 making its first flight to Toronto on October 27,...
Lufthansa Group has reported an operating profit of €1.3 billion for the third quarter following a strong summer travel season. Revenue was the “strongest in the company’s history” at €10.7bn up 5% over the prior-year period, which Lufthansa said was...
JetBlue has posted a net loss of $60 million, or $0.17 per share, for the third quarter of 2024, while the adjusted net loss - excluding special items - was $54 million, or $0.16 per share. The airline's system capacity declined by 3.6% compared to t...
Frontier Airlines has reported an increase in operating revenues during the third quarter of the year, increasing by 6% to $935 million. The airline reported a net income of $26 million in comparison to a loss of $32 million in the comparable quarter...
Emirates has signed two Memorandum of Understandings (MoUs) with Vietnam Airlines and VietJet, aimed at strengthening connectivity and offering more travel choices between Dubai and its Vietnam.“Enhancing our cooperation with like-minded partners lik...
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