Rolls-Royce has added Latvian aircraft maintenance company Airline Support Baltic to its global network of authorised service centres (ASC). Rolls-Royce said the addition of Airline Support Baltic ...
German vertical take-off and landing (VTOL) manufacturer Lilium has priced $114 million financing, including the pricing of a $40 million underwritten public offering of approximately 38 million of it...
TUI has announced the arrival of a new Boeing 737-800 at Bournemouth Airport to increase the flight frequency from the UK airport. “TUI has been flying out of Bournemouth for 19 years and during th...
Airbus UpNext has launched a new technological demonstrator to accelerate the maturation of superconducting technologies for use in electric propulsion systems of a future hydrogen-powered aircraft. ...
British Airways (BA) will launch its first ever flight to Tromsø, Norway, this winter. Operating from December 1, 2024, Tromsø will become the airline’s most northernly destination globally. ""W...
Air cargo rates and tonnages from Middle East and Asian markets, particularly to Europe, remain high as strong demand, as well as disruptions to ocean freight services throughout the week of May 13 to...
Turboprop lessor Abelo has successfully delivered a newly converted ATR72 cargo aircraft to Kenya's Renegade Air on May 23, 2024. It is the first ATR72 cargo conversion for Abelo. ""This project of...
PLAY Airlines, a low-cost carrier based in Iceland, has entered into a strategic partnership with aviation technology provider GO7 to broaden its route offerings across its key regions - Iceland, Euro...
Leasing company Stratos has partnered with the University of Cambridge's Aviation Impact Accelerator (AIA) initiative to accelerate the aviation sector's transition to net zero by 2050. Stratos will a...
Turkish Airlines' total revenues climbed 9.6% year-on-year (YoY) in the first quarter 2024 to $4.8bn. While its passenger revenues were up 4.8% YoY to $3.8bn, its cargo revenues surged 27% to $750 mil...
After a string of net losses following the wake of the COVID-19 pandemic, Wizz Air has returned to profitability in the full financial year ending March 31, 2024. It reported a net profit of €365.9 mi...
Finnair has successfully bought back €320.1 million in its tender offer from May 14 of its €400 million 4.250% notes due May 19, 2025. The purchase price of the notes was €1,005 per €1,000, with ac...
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