The European Commission has approved €321.2 million restructuring aid to German charter airline Condor on April 28, 2025. The aid — granted by Germany — is set to allow for Condor's “return to viabili...
Hundreds of flights were cancelled on April 28, 2025, as a result of the mass power outage that hit Portugal and Spain that day. The Iberian Peninsula has fully restored restore power as of April 29, ...
RIVE Private Investment — a European investment company in energy and transportation, including helicopters — has expanded its team with five new hires. The company has appointed Mohammed Azahouani, M...
Finnair has reported a decline in earnings during the first quarter of the year, citing industrial action as having a negative impact on the company’s financials.The airline posted an operating loss o...
Australian low cost carrier Jetstar has extended its contract with catering company dnata for another four years on April 29, 2025, as well as expanding the partnership to the airline's Jetstar Asia o...
HEICO has acquired IFE and cabin electronics company Rosen Aviation as of April 17, 2025. The HEICO group had acquired mid-continent controls (MC2) — a designer and manufacturer of in-cabin power and ...
During the first quarter of the year Avolon posted a net income of $145 million, an increase of 36% when compared to the same three-month period of the year prior.The lessor also reported its highest ...
PIF-owned AviLease has achieved investment grade ratings from Moody's and Fitch, the lessor said on April 29, 2025. The company was rated Baa2 with stable outlook by Moody's and BBB with stable outlo...
Singapore Airlines (SIA) has partnered with OpenAI to jointly develop and implement an advanced generative artificial intelligence (GenAI) solutions for the airline. SIA called it the “first of its ki...
Air cargo rates from Asia Pacific and worldwide weakened further in the week to April 20 due to uncertainties surrounding US tariffs, coupled with the Easter holidays, WorldACD said in its weekly carg...
A report by Transport & Environment (T&E), published on April 28, 2025, said European airline emissions in 2024 have almost reached 2019's pre-pandemic levels. With air traffic expected to grow this y...
Aircastle's profits climbed in the fourth quarter and full year ending February 28, 2025, citing a strong trading year.The company's net income for the fourth quarter totalled $61 million, more than d...
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