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Formalising best practice

The Aviation Working Group (AWG) has released the First Edition of the Manual on Best Practice under and Interpretation of the EU Taxonomy for Sustain...

Soaring to growth

With its new fleet of A220s, Animawings is poised for growth. CFO Alin Ratoi discusses the airline’s growth strategy with Jonathan Kenwright.It is an ...

Charting a course to IPO

Setting the stage for its initial public offering (IPO), Latvian flag carrier airBaltic is gaining momentum, having secured pre-IPO investment to stre...

A positive start to the year

Airline Economics Growth Frontiers Dublin 2025 once again kicked off the start of another new year, setting the tone for what lies ahead for the aviat...

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Spirit Airlines reports net loss of $138.4 million in January 2025
Spirit Airlines reports net loss of $138.4 million in January 2025

Spirit Airlines reported a net loss of $138.4 million in January 2025. The income statement was filed with the US Bankruptcy Court on March 11, 2025. Spirit Airlines’ restructuring plan was approved b...

Helicopter restrictions near DCA made permeant following NTSB report
Helicopter restrictions near DCA made permeant following NTSB report

US Transportation Secretary Sean Duffy said on March 11, 2025, that changes will be made “permanent” to prevent helicopter traffic near Ronald Regan National Airport (DCA), following the mid-air colli...

Metro Aviation and Airbus sign agreement for up to 36 H140 helicopters
Metro Aviation and Airbus sign agreement for up to 36 H140 helicopters

Metro Aviation and Airbus Helicopters have signed an agreement for up to 36 H140 helicopters in the emergency medical services sector. This order from the Louisiana-based air medical services operator...

Sun Country Airlines says it needs five to seven engines a year, hints at recession plan
Sun Country Airlines says it needs five to seven engines a year, hints at recession plan

Sun Country Airlines CEO Jude Bricker said the company will need around five to seven engines a year. “It's one of the biggest challenges that we face right now,” said Bricker during JP Morgan's Indus...

Cathay Pacific reports marginal profit growth during 2024
Cathay Pacific reports marginal profit growth during 2024

Cathay Pacific reported slight profit growth during 2024, recording an annual profit of HK$9.9bn ($1.58bn), up by 1% on year prior. The Hong Kong-based airline citied this growth to a strong financial...

SpiceJet hit with $12 million worth of insolvency claims
SpiceJet hit with $12 million worth of insolvency claims

India’s SpiceJet has been hit with fresh legal action, after three Irish aircraft lessors and a former pilot filed insolvency petitions against the airline in the Indian National Company Law Tribunal ...

Qazaq Air to resume regular flights from Samarkand to Turkistan
Qazaq Air to resume regular flights from Samarkand to Turkistan

Qazaq Air will resume regular flights on the Turkistan-Samarkand route, effective from May 1, 2025. The route will operate twice a week.The resumption follows Samarkand International Airport announced...

Vietjet inks $300 million aircraft financing agreement with Carlyle Aviation Partners
Vietjet inks $300 million aircraft financing agreement with Carlyle Aviation Partners

Vietjet has signed a $300 million aircraft financing agreement with Carlyle Aviation Partners, with the agreement aiming to support the delivery of new aircraft through to 2026. The Vietnamese carrier...

airBaltic swings to loss in 2024
airBaltic swings to loss in 2024

airBaltic full year 2024 results plummeted to a net loss of €118.2 million, compared to a €33.7 million profit in 2023. The company said this primarily due to accelerated depreciation on its Pratt & W...

Cyprus Airways warns of legal action against Pratt & Whitney over grounded A220s
Cyprus Airways warns of legal action against Pratt & Whitney over grounded A220s

Cyprus Airways may take legal action against engine manufacturer Pratt & Whitney if an agreement is not reached soon regarding the prolonged grounding of its A220 fleet due to the geared turbofan (GTF...

Blueberry Aviation secures $113.65 million in helicopter asset acquisitions for 2024
Blueberry Aviation secures $113.65 million in helicopter asset acquisitions for 2024

Blueberry Aviation secured asset acquisitions totalling $113.65 million in 2024. The company said the assets are expected to meet sustained demand from its global clients. “Our 2024 performance demons...

Inga Duglas appointed as GetJet Airlines CEO
Inga Duglas appointed as GetJet Airlines CEO

Lithuanian charter and aircraft leasing company GetJet Airlines has appointed Inga Duglas as its new chief executive officer.Duglas will assume the role from March 12, 2025, succeeding Rūta Kulvinskai...

EL AL Israel Airlines revenues jump 37% in 2024, supported by "unprecedented demand" during conflict
EL AL Israel Airlines revenues jump 37% in 2024, supported by "unprecedented demand" during conflict

EL AL Israel Airlines' revenues soared 37% in 2024 reaching $3.4bn, supported by “unprecedented demand” as conflict continued throughout the year and airlines stripped back capacity in the country. “D...

Etihad passenger numbers grow 14% in February 2025, IPO delayed to April
Etihad passenger numbers grow 14% in February 2025, IPO delayed to April

Etihad Airways carried 1.6 million passengers in February 2025, up from 1.4 million a year prior. “Our passenger numbers in February saw a strong 14% growth compared to the same period last year, as w...

Qatar Airways increases flight frequencies across its network
Qatar Airways increases flight frequencies across its network

Qatar Airways is increasing frequencies on routes across its network, citing a commitment to increasing connectivity.The airline will increase frequencies on 11 routes, notably expanding its London se...

Emirates to deploy retrofitted 777 on two more routes
Emirates to deploy retrofitted 777 on two more routes

Emirates is to introduce its retrofitted 777 aircraft on services to Seoul and London’s Stansted airport.The airline will deploy the aircraft on its Seoul route from April 14, 2025, and on its London ...

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airBaltic swings to loss in 2024
airBaltic swings to loss in 2024

airBaltic full year 2024 results plummeted to a net loss of €118.2 million, compared to a €33.7 million profit in 2023. The company said this primarily due to accelerated depreciation on its Pratt & Whitney engines, which amount to €73 million, the e...

Cyprus Airways warns of legal action against Pratt & Whitney over grounded A220s
Cyprus Airways warns of legal action against Pratt & Whitney over grounded A220s

Cyprus Airways may take legal action against engine manufacturer Pratt & Whitney if an agreement is not reached soon regarding the prolonged grounding of its A220 fleet due to the geared turbofan (GTF) engine issues.The airline's CEO Thanos Pascalis ...

EL AL Israel Airlines revenues jump 37% in 2024, supported by "unprecedented demand" during conflict
EL AL Israel Airlines revenues jump 37% in 2024, supported by "unprecedented demand" during conflict

EL AL Israel Airlines' revenues soared 37% in 2024 reaching $3.4bn, supported by “unprecedented demand” as conflict continued throughout the year and airlines stripped back capacity in the country. “Despite the difficulties, we maintained Israel's ai...