Centerline Airport Partners has acquired a 51% stake in Parma International Airport. The acquisition is part of its strategy to enhance air service development, connectivity, customer service, and saf...
FTAI Aviation and IAE International Aero Engines AG (IAE) have signed a five-year maintenance services agreement for V2500 engines. The agreement includes over 100 full performance restoration shop...
American-based activist investor Elliott Investment Management has bought a $1.9bn stake in Southwest Airlines. Following reports, the low-cost carrier's shares rose approximately 7% in premarket trad...
Fitch Ratings has upgraded Dubai Aerospace Enterprise (DAE) long-term issuer default rating to BBB from BBB-. The outlook on its long-term issuer default rating is stable. It has also upgraded DAE ...
TAP Air Portugal has launched its newest route from Lisbon to Florianopolis, the capital of the state of Santa Catarina in southern Brazil. The airline will operate the route three times a week to ...
Vietnam Airlines has joined the CO2 Connect project, developed by the International Air Transport Association (IATA) to measure CO2 emissions. Vietnam Airlines signed a cooperation agreement to par...
Air Transat revenues were up 11.8% year-on-year (YoY) to $973.2 million in its second quarter 2024 ending April 30, 2024. Though, its total operating expenses were up 16.1% YoY to $988.4 million, resu...
Qatar Airways has resumed flights to Lisbon's Humberto Delgado Airport from its hub at Hamad International Airport. The airline will operate the route at six flights per week during the summer period....
Manston Airport based in Kent, UK, can now be developed into a dedicated air freight facility after a court of appeal against the development consent order (DCO) was dismissed in May 2024. The firs...
Air cargo rates from Middle East & South Asia (MESA) have continued to surge throughout May, according to data from World ACD. It noted spot rates from MESA to Europe averaging more than twofold year-...
Airbus has delivered 53 aircraft to 34 customers in May 2024, marking 256 deliveries to date in the full year so far. Though, it's down from 61 deliveries in the previous month. In addition, it was do...
American Airlines is appealing against a judgement that ended its attempted alliance with JetBlue, the Northeast Alliance (NEA), last year. It made the argument that the lower court’s ruling infringes...
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