The Organisation of the Petroleum Exporting Countries (OPEC) has trimmed its guidance for oil demand growth in 2024 for the fifth time this year, it said in its final monthly oil market report (MOMR) ...
Avia Solutions Group has launched its first global services centre in Manila, the Philippines. The centre is expected to begin operations in January 2025, focussing primarily on supporting the technic...
GA Telesis opened its new Latin America & Caribbean headquarters in San Salvador, El Salvador. The new HQ is part of the company's focus on market and to help serve airline and MRO customers within th...
The Federal Aviation Administration (FAA) and European Union Aviation Safety Agency (EASA) signed a declaration of intent to continue to “foster and enrich” its partnership to support safe and secure ...
In a financial outlook for the global airline industry during 2025, IATA has forecast a “slight strengthening” of profitability, amid ongoing industry cost and supply chain challenges.Total industry r...
IATA has reported that $1.7 billion in airline funds are blocked from repatriation by governments, as of the end of October 2024.This is a small improvement compared to the $1.8 billion in blocked fun...
Archer Aviation has entered into a multi-party collaboration agreement with a number of entities from the UAE, in order to advance the establishment of electric air taxi operations in Abu Dhabi. The a...
Boeing has issued layoff notices to 222 members of its professional aerospace union.The Society of Professional Engineering Employees in Aerospace (SPEEA), confirmed on December 6, 2024, that the manu...
IATA has opened an expanded office in Abu Dhabi featuring a new training centre, furthering the company’s operations in the UAE.In 2025, the new training centre will offer over 60 courses, covering sa...
KLM has urged the Dutch government to reconsider plans that would impose a flight cap on operations at Amsterdam’s Schiphol Airport, as the Dutch government continues to tackle noise pollution.The Dut...
Spanish competition watchdog, Comisión Nacional de los Mercados y la Competencia (CNMC), has stated that airport operator Aena's fees for 2025 will be unchanged.The competition watchdog made the annou...
StandardAero secured Indian Directorate General of Civil Aviation (DGCA) approval, which enables it to support the maintenance, repair, and overhaul (MRO) needs of PW127M engine operators in India.The...
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