Etihad continues to soar: UAE airline posts record profits of $476M for 2024
Abu Dhabi-based carrier Etihad Airways has announced it made a record $476 million profit in 2024, as the…
Browsing Category
Aviation Economics & Finance
1063 articles
Understand the financial dynamics of the aviation industry with our articles on economics, investments, and financial trends.
Air Canada posts record revenue in 2024 full year results
Air Canada posted its Q4 and full year results for 2024 on February 13, 2025, detailing record annual…
ATR reports strong 2024 results with 40% order growth and stable deliveries
Franco-Italian turboprop aircraft manufacturer ATR has announced its 2024 full-year results, reflecting a solid growth trajectory supported by…
Australian Government considering state ownership of struggling Rex Airlines
According to a report published on Tuesday, February 11, 2025, the Australian Government, led by Anthony Albanese, intends…
Bombardier defers 2025 projections as President Trump’s tariff threats loom
Canadian business jet manufacturer Bombardier has posted its financial results for 2024, but in an unusual move has…
Honeywell to spin off its aerospace and automation businesses
Industrial and technology conglomerate Honeywell is set to break itself apart into three separate listed entities. Under this…
Low-cost-carrier Akasa Air secures new funding from investor consortium
Akasa Air has secured new funding from “marquee investors” designed to inject fresh capital into the low-cost-carrier in…
Spirit AeroSystems shareholders agree to Boeing buy out, finalize mid-2025
Spirit AeroSystems shareholders have agreed to a Boeing buy out that would see the Wichita-based manufacturer rejoin the…
Lufthansa Group takes 10% share in airBaltic, extends A220 wet lease deal
Germany’s Lufthansa Group has confirmed that it has acquired a 10% stake in Riga-based Latvian flag carrier airBaltic.…
GE Aerospace posts strong growth in first year listed as stand-alone business
GE Aerospace has posted its first full-year results as an independently listed business. The US engine maker has…
American Airlines posts record Q4 2024 revenue, keeps lowering debt levels
American Airlines has posted a GAAP net income of $846 million for the full year 2024, on total revenue…
IAG now frontrunner in the race to buy stake in TAP Air Portugal say analysts
With the long-awaited and rather convoluted takeover of ITA Airways by Lufthansa now a done deal, one could…
Early winter losses fall at easyJet as passenger numbers continue to soar
The parent company of easyJet has revealed that the airline group managed to significantly improve its financial performance…
United Airlines finishes year strongly with expectations high for 2025: results
United Airlines finished 2024 in a strong position after experiencing a better than average performance during the final…
Cathay Pacific ends 2024 with record rises in passengers and freight traffic
Hong Kong-based Cathay Pacific Group has announced its traffic figures for December 2024. The figures show impressive increases…
Australian startup Koala Airlines facing winding-up legal action from creditors
Australian proposed startup carrier Koala Airlines is facing its biggest hurdle to date, as on Wednesday, January 22,…
Indian government backed tribunal orders Go First liquidation: reports
The government-established National Company Law Tribunal (NCLT) in India has ordered the liquidation of the formerly operating low-cost…
Avolon acquires 118 aircraft in $5 Billion takeover of Castlelake Aviation
Dublin-based lessor Avolon has completed a $5 billion takeover of Castlelake Aviation Limited, increasing its portfolio to 1,129…