Pakistan International Airlines (PIA) has recorded its first annual profit in over two decades, as the Pakistani government prepares for a renewed push to privatise the flag carrier.The profit was dis...
With the first day of Airline Economics’ Growth Frontiers Tokyo 2025 starting today, April 9, discussions surrounding tariffs cropped up in almost every panel. With US President Donald Trump introduci...
Iceland’s PLAY Airlines has agreed to pay a settlement offer from the Financial Supervisory Authority of the Central Bank of Iceland (FSA) totalling 15.8 million Icelandic Krona ($118,500), following ...
South Korean carrier Jeju Air will raise 130bn Korean won ($89.03 million) in short-term loans from financial institutions, in order to support upcoming pre-delivery payments for an order of 737 MAX 8...
Fitch Ratings downgraded Southwest Airlines to a “negative” rating outlook from its previous stable rating on April 3, 2025.The credit rating agency stated that Southwest may shift to a “less conserva...
Dunas Capital sold seven A321 aircraft for over $200 million, the company said on April 3, 2025. The company said it is continuing to make progress in the divestment of its specialised Dunas Aviation ...
Aerospace components and structures manufacturer Montana Aerospace reported a net income of €35.8 million in 2024, swinging from a net loss of €38.4 million a year prior.The company said the result ma...
De Havilland Aircraft of Canada (DHC) has acquired all shares of aerospace manufacturer Fleet Canada (Fleet).Fleet is the current supplier of parts and aerostructures for DHC as well as a number of ot...
Leggett & Platt has signed an agreement to sell its Aerospace Products Group to affiliated funds managed by Tinicum for a cash purchase price of $285 million.The transaction is expected to close this ...
SMBC Aviation Capital's wholly owned subsidiary SMBC Aviation Capital Finance has closed a $500 million five-year 5.10% senior unsecured notes on April 2, 2025. The bond placement is priced at US Trea...
Executives from Virgin Australia have reportedly met with prospective investors, ahead of a potential relisting of the Bain Capital-owned airline, a person familiar to the matter told Reuters. Virgin ...
The West African Development Bank (BOAD) has approved a loan of $49.5 million to Air Cote d'Ivoire to finance the purchase of two A330-900neo aircraft, according to local media outlets.The new aircraf...
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