Delta Air Lines has released its full year 2023 GAAP financial results, highlighting an operating revenue of $58.0 billion and an operating income of $5.5 billion (with an operating margin of 9.5%). I...
Aviation data analytics company Cirium has estimated that approximately 45,200 new passenger aircraft will be delivered between 2023 and 2042, with an estimated value of $3.2 trillion. Airbus and Boei...
TUS Airways, a Cypriot-based carrier, has signed a significant investment agreement with the Holiday Lines Group. The Holiday Lines Group, along with existing shareholders Ken Woolley and Global Knafa...
Ryanair has uncovered overcharges of up to 125% from online travel agents, found in its January 2024 OTA Pirate survey. The report stated that online travel agent eDreams was the number one offender i...
SunExpress’ 737, the first airline to be implemented with AMOSeTL, took off on January 10, 2024. AMOSeTL is Swiss-AS’s AMOS software and digitises the aircraft technical logbook application. The aircr...
Finnair has selected Turkka Kuusisto as its new CEO, who will begin the role as of July 11, 2024. Finnair's current CEO Topi Manner will leave the company on January 15, 2024 to join Elisa as CEO. Fin...
Nordic Aviation Capital (NAC) has executed a lease agreement for two ATR 72-600s with low-cost Philippines-based airline, Cebu Pacific Air. The aircraft are from NAC’s orderbook with ATR. Earlier in J...
airBaltic had a positive year in 2023 with passenger traffic numbers rising to approximately 4.5 million, a 36% increase from 2022. Over the year, the airline operated 18% more flights than the year p...
Air Serbia will operate flights between Belgrade and Mostar from April to October 2024. The flights will operate three times a week on the Embraer E175 aircraft. “In the first days of January, the dec...
With the Israel-Gaza conflict heightening and the death roll continuing to rise, airBaltic has decided to suspend all flights to and from Tel Aviv. The cancellations will run until March 31, 2024. air...
Aergo Capital has completely the sale of an A350-900 aircraft (currently on lease to Singapore Airlines) as well as two Rolls Royce Trent engines to Investec Bank, and the prepayment of associated deb...
United Airlines and Alaska Airlines have discovered loose bolts and what the former terms other ‘installation issues’ as they commence preliminary inspections of their 737 MAX 9 fleets. The American c...
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