IATA expects five billion passengers and $1 trillion in airline revenue in 2025
The International Air Transport Association (IATA) has announced its financial outlook for the global airline industry in 2025…
Aviation Economics & Finance
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Understand the financial dynamics of the aviation industry with our articles on economics, investments, and financial trends.
Brazilian low-cost airline GOL due to file Chapter 11 restructuring proposal
The owners of Brazilian low-cost airline GOL Linhas Aéreas Inteligentes SA (GOL) have announced that the carrier intends…
Korean Air set to complete merger with Asiana, consolidate low-cost divisions
Korean Air is expecting to complete its long-awaited purchase of local South Korean rival Asiana Airlines “within days”…
BOC Aviation signs lease agreement with TUI for 14 Boeing 737 MAX 8 aircraft
BOC Aviation has announced it has signed a lease agreement with European travel group TUI for the supply…
Air New Zealand forced to reduce domestic schedules due to weakening demand
Air New Zealand is having to make further cuts to its domestic network over the coming months over…
Aircraft lessor TrueNoord increases fleet to over 100 aircraft with new ATR deal
Dutch-based aircraft lessor TrueNoord has announced the purchase of seven ATR 72-600s from German asset management firm, GOAL…
easyJet posts 34% increase in annual profits after strong summer 2024 season
In an announcement made on November 27, 2024, easyJet revealed an increase of 34% in annual profits for…
Avia Solutions Group reports revenues up 25% to €2 billion for 9 months 2024
Dublin-based Avia Solutions Group, the world’s largest ACMI (Aircraft, Crew, Maintenance, and Insurance) provider, which operates a 221…
EVA Air continues to see strong growth, to begin direct Dallas flights in 2025
EVA Air of Taiwan has revealed expansion plans that will see the Taipei-based carrier launch a new route…
Cathay Pacific saw passenger figures rise by over 19% in October 2024
Hong Kong-based Cathay Pacific has released its traffic figures for October 2024. The figures, announced on November 21,…
Ryanair threatens major cuts at French regional airports if taxes are increased
Ryanair, Europe’s largest airline, has announced its intention to withdraw a host of services from 10 regional airports…
Etihad reports $368M profit for the first nine months of 2024, up by 66%
Etihad Airways has announced its latest financial results for the nine months ending on September 30, 2024. The…
Lufthansa merger talks with ITA Airways back on track after last-minute deal
A last-minute deal between the Italian Minister for Economy and Finance and executives from Lufthansa has brought merger…
On the edge: Spirit bankruptcy filing beckons as Frontier merger talks fail
Florida-based budget carrier Spirit Airlines has begun preparations to file for Chapter 11 bankruptcy protection after merger talks…
British Airways and Iberia owner IAG posts quarterly profits of over $2 billion
International Airlines Group (IAG), owner of British Airways and Iberia, has posted third quarter pre-tax profits of more…
Emirates Group surpasses record performance with 2.5 billion half-year profits
Emirates Group CEO and Chairman Ahmed bin Saeed Al Maktoum described the company’s half-year results as a “record…
Lufthansa’s takeover of ITA Airways hangs in balance as negotiations stall
Merger talks between Lufthansa and Italian airline ITA Airways are reported to have stalled over a request made…
Akasa Air saw huge revenue growth but overall profitability fell in FY2024
Indian budget carrier Akasa Air has released figures reporting its financial performance for the 2024 financial year (FY24)…