Rolls-Royce's financial performance is improving, the company announced on May 11, ahead of its annual general meeting (AGM) taking place the same day. The company said the improvement has been "drive...
Iberian flag carrier TAP Air Portugal recorded "significant growth" in revenue in the first quarter of 2023 (Q1 2023), with €835.9 million reported, a 70.4% year-on-year increase and equivalent to 136...
In what appears to be the biggest single commitment by any airline on sustainability, Emirates has committed $200 million to fund research and development (R&D) projects to reduce the impact of fossil...
Griffin Global Asset Management has announced the purchase of two Boeing 737 MAX 8 aircraft on long-term lease to Aeromexico.“We are excited for this new partnership with Aeromexico and look forward t...
HALO AirFinance, the joint venture between GA Telesis (GAT) and Tokyo Century Corporation (TC), closed a credit facility for Republic Airways to finance a portfolio of General Electric CF34-8E engines...
Ashland Place Finance has completed a new financing facility to fund two Boeing 737-800s for World Star Aviation. "We are thrilled to welcome World Star to Ashland Place's growing platform," said Jenn...
JPMorgan says US mainline carriers have wrestled the advantage from discounters.Analyst Jamie Baker said that revenue guides from the Big Three carrier were significantly stronger and their margins ar...
Latvia's airBaltic reported what it said was its best first quarter, with revenue topping €105 million, up 75% year-on-year. The flag carrier reported a loss of €11.4 million, beating the pre-Covid Q1...
Copa Holdings reported a net profit of $121.5 million for the first quarter of 2023 (Q1 2023), up on the $89.4 million recorded in Q1 2019. The profit would have neared $160 million were it not for th...
Bamboo Airways is planning to raise its charter capital to nearly 1.3 billion to restructure its debts and increase capital for its core and support business activities. In the shareholder’s meeting h...
Global Crossing Airlines (GlobalX) recorded first quarter (Q1 2023) revenue of $32.2 million, up $15.8 million on Q1 2022. But the company said it faced extra costs during the period, including "accel...
Air Arabia reported a strong first quarter 2023 financial and operational result as the airline continues to expand its network and strengthen its leadership position in the market. Air Arabia reporte...
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