SAS is ending the year with a historical annual loss of $1.2 billion and is preparing for more financial trouble in 2021...
In an effort to support the aviation industry, Japan plans to temporarily cut its aviation fuel tax by 80%. ...
As the current crisis continues, the International Air Transport Association (IATA) announced a worsening forecast for t...
Vietnam Airlines received governmental approval for financial aid worth $520 million. ...
Despite burning up to $85 million a month, the CEO of Air New Zealand received a $2 million bonus in the airline’s...
The aspect of liquidity represents one of the fundamental elements in the analysis of a financial statement. In the pres...
EasyJet faced a pre-tax loss of €1.4 billion ‒ the airline’s first loss in 25-years of operating history....
On November 16, 2020, the second time in a month, the aviation industry experienced a surge in shares after the news on...
While the relationship is yet to begin, Emirates has become critical towards the yet-to-be certified Boeing 777X, shifti...
Qatar Airways, one of the “big three” of the Middle East, had a much more diverse fleet than its competitors...
IATA estimates the demand in the Middle East to pick up by 43% in 2021. However, airlines from the region are still like...
From December 7, 2020, Etihad Airways will start flights between Beijing, China and Abu Dhabi, the United Arab Emirates....
Three largest Middle Eastern airlines – Emirates, Etihad Airways and Qatar Airways – are continuing to expan...
Lufthansa confirmed a new deal with trade union Verdi to cut €200 million in expenses for employment protection....
With Emirates battling the current crisis and finishing the first half of the year with a multi-billion loss, the Dubai...
After the news on vaccine effectiveness broke, airlines’ shares surge globally....
FL Technics acquired Wright International, a line maintenance services provider in Canada. | Exclusive...
The COVID-19 pandemic has considerably lowered demand in air transport and thus reduced the number of flights. Fewer pla...
Even when the world turns on its own head, navigating the new normal is crucial to ensure your survival. Taking care of...
FL Technics, Maintenance, Repair, and Operations (MRO) organization, announced that its daughter company FL Technics Eng...
MRO and aircraft asset management organizations lived their heyday as airlines were forced to ground their aircraft due...
After warnings about future job cuts in the company, Rolls-Royce started its restructuring process with 1,4000 redundanc...
Fighting two crises at once, Boeing seemingly is desperate for cash as it sold off a luxury yacht, worth $13 million. Th...
While Avianca celebrated its 100th birthday, its celebratory party was stopped short. Already in peril due to drama that...
The history of Latin America’s leading airline and its current struggles. ...
Before the pandemic, South America's airport industry was on the rise. Let’s take a virtual trip to what used...
Two US companies were denied permission to deliver humanitarian cargo flights to Cuba. What’s the future for the t...
Fighter jets are crème of the crop of any air force. They are crucial for protecting a country's airspace, a...
The government of Netherlands froze €3.4 billion-worth of financial aid to KLM Royal Dutch Airlines (KLM), after th...
The US presidential election will take place on November 3, 2020. It is arguably one of the most important elections at...
Trends and findings from Oxford Economics forecasts of the global travel sector and possible pathways of its recovery.&n...
As more and more superpowers of the world move to fifth-generation fighter jets, we look at the top 10 most advanced Fig...
While airlines cannot be what they are without aircraft, sometimes the latter has to go for a variety of reasons. But do...
If you've ever wondered which passenger aircraft are the largest in the world, this is the Top 10 list that will ans...
It takes years to develop a modern aircraft. But which one of the two giants – Boeing and Airbus – manages t...
Aeronautical data providers have warned Russian airlines that updated navigational databases lack information on 49 airp...
Airbus suffers €767 million loss in Q3 of 2020. Despite that, Airbus CEO Guillaume Faury says the comp...
A lessor seemingly became fed up with Saudi Arabian Airlines, as the former sued the airline in London over unpaid fees,...
A British low-cost airline EasyJet raised total cash proceeds of $398.6 million after completing the sale and leaseback...
Rolls-Royce comes up with a plan to stabilize its balance sheet with approximately $2.6 billion. In order to mitigate th...
Aviation PLC (AVAP), a Singapore-based commercial passenger aircraft leasing company, made financial claims on its debto...
AirAsia Group, a Malaysia-based investment holding company, secured a $72 million loan from Sabah Development Bank Berha...
American Airlines Group, the holding company of American Airlines (AA), announced a $2.4 billion loss in Q3 2020, compar...
International Consolidated Airlines Group (IAG), a holding company of British Airways (BA), reported preliminary financi...
Deutsche Lufthansa, the largest German airline, reported an operating loss of €1.26 billion in the third quarter of...
Ricky Isla, the CEO of AirAsia Philippines, the Philippine affiliate air carrier of AirAsia Group, announced that the ai...
Nordica, the national air carrier of Estonia, received approval for governmental support which would include a state-gua...
Vistara commenced its flight operations back in 2015, for this reason we can call this airline a newcomer in the world o...
The World Trade Organization (WTO) has authorized the European Union to impose tariffs on the United States (U.S.) goods...
The Malaysian Ministry of Finance denied a media report claiming that the government of the country has granted a $242 m...
BOC Aviation and Wilmington Trust Services, two Ireland-based companies, sued SpiceJet, an Indian budget airline, for mo...
