InterGlobe Aviation, the parent company of Indigo, has reported 1000% rise in net profit to INR 14.26 bn for the December 2022 quarter. This is against a net profit of INR 1.29bn in same period in 202...
Business aircraft finance company Global Jet Capital (GJC) has exceeded $3.5bn in support to users of new and pre-owned aircraft since starting operations in 2014. "This milestone is significant for t...
Icelandair reported the final three months of 2022 as its best quarter since 2015, with passenger traffic up 50% year-on-year and income topping $290 million, up almost $100 million on the fourth quar...
SkyWest, the holding company for SkyWest Airlines and SkyWest Leasing, has reported full year 2022 pre-tax income of $93 million, net income of $73 million, which comes to $1.44 per diluted share. The...
Delta Air Lines' frequent flyer offering is the world's most valuable airline loyalty programme, according to the Loyalty 2023 Top 100 Most Valuable Airline Loyalty Programs report. Estimated to be wo...
Kenny Rozenberg, US businessman and controlling shareholder of El Al Israel Airlines Ltd has increased his stake in the airline from 39% to 45%, by converting warrants to shares. Going ahead, Rozenber...
The Vietnam Airlines are under a looming threat of being delisted from the Ho Chi Minh Stock Exchange (HoSE) if the airline reports a loss in its consolidated financial report for 2022. By December 31...
All Nippon Airways has reported a net profit of $486.55 million in the nine-months from April 2022 to December 2022. The airline had reported a loss of $799 million in the same time last year. Kimihik...
A US Securities and Exchange Commission (SEC) filing shows investment company Blackrock holding 38.05 million Delta Air Lines shares, or 5.9% of the company. The updated filing showed Blackrock down f...
The India's aviation industry suffered a loss of over INR 240bn in the last two financial years during 2020-22, according to the Ministry of Civil Aviation data (MoCA). The ministry has also taken var...
New Vista Acquisition Corporation has "entered into a non-binding letter of intent" for a proposed business combination with Verijet Holding Company, which provides private aviation services as "the l...
Japan Airlines reported a turnaround profit for the nine-months to December 31, 2022. The airlines reported that the increase in revenue was driven by an increased passenger demand. For the nine-month...
We're Social