Scotland's regional airline Loganair generated a profit of £6.9 million ($8.7 million) for the financial year ending March 31, 2024, it reported on December 12, 2024. It is a dip from pre-tax profit o...
Global air cargo spot rates rose by 4% during the first week of December to a 2024 high of $3.50 per kilo, driven by a 9% increase from Asia-Pacific origins.WorldACD figures show that average spot rat...
Ukrainian operator SkyUp Airlines will commence regular operations between the Moldovan capital Chisinau and a number of European cities.Ukrainian civil airlines are currently unable to operate regula...
Russia's Aeroflot group carried 4 million passengers in November 2024, marking an 11% increase on the same month last year.The group carried 3 million passengers on domestic line, up 9% compared to th...
Lufthansa Technik is partnering up with Microsoft to further the use of artificial intelligence (AI), in order to optimise maintenance operations.AI will be used to solve tasks autonomously, with this...
SMBC Aviation Capital has signed lease agreements with Turkish Airlines for five A321neo aircraft. Barry Flannery, chief commercial officer of SMBC Aviation Capital said the transaction with the airli...
Air France Industries KLM Engineering & Maintenance (AFI KLM E&M) and aviation services provider AAR have signed an agreement to form a joint-venture in the Asia-Pacific region, to support nacelles of...
AerCap has signed lease agreements for two 737-800 aircraft. The aircraft will be operated by Mukamalah Aviation Company (a wholly owned subsidiary of Aramco), operating under the brand name Aloula Av...
Airbus Helicopters has signed a contract with the Bahrain Ministry of Interior, for the purchase of nine H145 helicopters. The helicopters will be operated by the country's police aviation command.Oli...
Global law firm Clyde & Co has hired Charlie Robin as partner in the firm's aviation liability practice in London. The hiring marks Robin's return to the company after joining Kennedy's in 2023. His a...
Regional aircraft lessor TrueNoord has appointed aviation finance expert Florian van Vugt in the new role of corporate finance manager. He will be based at the company's office in Amsterdam. He will m...
airBaltic reported record passengers and load factor in November 2024. The Latvian airline carried 400,600 passengers, marking a 23% increase compared to November 2023. In addition, the carrier's load...
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