IAG terminates Air Europa acquisition
Ahead of its second quarter results, International Airlines Group (IAG) has terminated its agreement to acquire Air Europa. The airline had signed an agreement with Air Europa’s parent company Globali...
Ahead of its second quarter results, International Airlines Group (IAG) has terminated its agreement to acquire Air Europa. The airline had signed an agreement with Air Europa’s parent company Globali...
Dublin-based lessor AerCap has yet again posted strong results in its second quarter 2024 earnings report. Its total revenues were approximately $2bn, up from $1.9bn last year in the quarter and meeti...
Rolls-Royce has posted strong first half results for 2024 with underlying revenues at £8.2bn, up from nearly £7bn a year prior. In addition, its operating profit was up from £673 million last year to ...
Wizz Air lowered its full year profit guidance after its operating profit slumped around 44% to €44.6 million in the first quarter of the 2025 fiscal year. Its total revenues were up 16% to €274.6 mil...
MTU Aero Engines has posted more positive than expected results for the second quarter as well as first half of 2024. The engine manufacturer's revenues were €1.7bn in the second quarter of the yea...
The Belgian national carrier, Brussels Airlines has reported an adjusted operating profit of €11.6 million in the second financial quarter of this year. It reported an operating loss of €47 million...
While Lufthansa Group's revenues were up 7% to €10bn in the second quarter of 2024, its adjusted operating profit was €686 million, down from €1.1bn last year. Its net result totalled €469 million in ...
Airbus' adjusted operating profit fell to €814 million in the second quarter of the year, more than halved from last year's €1.8bn. Its revenues were roughly flat in the quarter, totalling €16bn compa...
AFI KLM's maintenance centre, EPCOR is set to enhance its service portfolio after acquiring a HGT1700 auxiliary power unit (APU) maintenance capability for the A350 aircraft. Anne Brachet, executiv...
Cargo Aircraft Management, the leasing subsidiary of Air Transport Services Group, has delivered two 767-300 aircraft to Georgian Airways. ""We are excited to grow capacity with our existing custom...
British Airways' parent company International Airlines Group (IAG) has agreed to purchase 28,000 of sustained aviation fuel (SAF) from Spanish-based energy company Repsol. Repsol will supply IAG wi...
Fund managers are being urged to ""get ahead of stringent ESG reporting changes"" by Ocorian's Bovill Newgate - a specialist financial services regulatory consultancy. As early as July 31, 2025, co...
We're Social