An air traffic assessment released by EUROCONTROL revealed staggering differences in domestic flight recovery throughout...
Air New Zealand has reported its first annual loss since 2002. The air carrier declared a pretax loss of €48.8 mill...
During the peak of the COVID-19 pandemic, aviation’s future seemed bleak. While airlines are still not operating at full...
The United States imposed sanctions on two United Arab Emirates-based companies for providing material support to Irania...
The German Economic Stabilization Fund (WSF) has approved financial support for German flag-carrier Lufthansa subsidiari...
Having survived a near-death experience during the COVID-19 lockdown, low-cost carrier Norwegian seems to be struggling...
The British low-cost carrier easyJet will close its bases in London-Stansted, London-Southend, and Newcastle from Septem...
Brazilian airline Azul revealed a net increase in cash during Q2 FY2021 while avoiding any new loans....
After facing the consequences of social unrest in the city of Hong Kong, Cathay Pacific took the full brunt of the coron...
Despite the fact that Air Lease Corporation (ALC) agreed on an abundance of lease payment deferrals, the lessor managed...
Korean Air, the flag carrier of South Korea, became the first airline to disclose that it managed to achieve a net profi...
A group of United States Republican senators have backed the extension of payroll assistance program that would see airl...
Despite the painful situation of the aviation industry at the given moment, Dubai Aerospace continues its profit run as...
Virgin Atlantic has filed for bankruptcy protection concerning its activities in the United States while it is still wai...
After filing a $336 million lawsuit against Boeing, ALAFCO had reached a mutual agreement with the U.S. based aircraft p...
AirFrance-KLM declared a total of 10,000 employees are to become redundant as the group looks to minimize its costs. &nb...
Singapore Airlines (SIA) Group (SIAG) can be officially chalked off with the rest of the airlines worldwide after taking...
Airbus reported a $1.9 billion loss for the second quarter of 2020, as the manufacturer announced it slowed down product...
Boeing reported a $2.4 billion loss for the second quarter of 2020. The manufacturer announced it would slow down produc...
Wizz Air’s Q1 FY2021, financial results revealed a $127 million (€108 million) statutory net loss, exceedingl...
The United States House signed a letter backing a six-month extension of a $32 billion payroll aid program for the...
International Airlines Group (IAG), parent to Aer Lingus, British Airways, Iberia, and others, is reportedly negotiating...
As Cathay Pacific Airways is trying to preserve cash by delaying some aircraft deliveries, a new health policy unveiled...
On July 21, 2020, United Airlines announced the most difficult financial quarter in the company’s 94-year history...
The Belgian government and airline Lufthansa have reached an agreement on the rescue of Brussels Airlines. A state-loan...
Chinese “Big Three” – China Southern Airlines, China Eastern Airlines and Air China – have relea...
As the COVID-19 swept through the industry many airlines were trying to sustain their daily operations as demand for pas...