Spirit Airlines defers Airbus orders, downgrades around 100 captains
Spirit Airlines will downgrade around 100 captains and furlough approximately 240 pilots as the carrier looks to deliver…
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Aviation Economics & Finance
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Understand the financial dynamics of the aviation industry with our articles on economics, investments, and financial trends.
Safran confirms 2024 targets after strong H1 2024 growth in revenue and profit
Safran has announced that it is on track to meet its 2024 targets after reporting a significant increase…
JetBlue reports 2Q24 results, withdraws E190s and delays A321neo deliveries
New York-based JetBlue has announced its results for the second quarter of 2024 92Q24) in a period that…
Arik Air grounded by Nigerian government over disputed debt of $2.5M
The Nigerian government has waded into a legal dispute between privately owned carrier Arik Air and its creditors…
Trading in Rex Airlines shares suspended amid ongoing management turmoil
Shares in Australian regional carrier Rex Airlines (Rex) have been suspended amid rumors that financial services firm Deloitte…
American Airlines lowers profit forecast amid strategy shift
American Airlines has cut its annual profit forecast, citing issues with its previous sales and distribution strategy that…
Air France-KLM’s Q2 results disappoint, hit hard by Olympic Games
Air France-KLM reported lower-than-expected results for the second quarter of 2024. The company attributed the shortfall to increased…
Dassault Aviation reports €2.54B revenue in H1 2024, strong order growth
Dassault Aviation posted an adjusted revenue of €2.54 billion in the first half of 2024, compared to €2.30…
United Airlines reports strong growth throughout 2Q24, expects more in 2024
United Airlines has posted a strong set of results for the second quarter of 2024 (2Q24), which demonstrate…
Jet2 posts preliminary 2024 profits of $660M, firms up more A321neo deliveries
Jet2, the UK’s largest leisure airline and integrated travel company, has posted preliminary results for 2024 showing the…
Vietnam Airlines’ share value soars, becomes best-performing airline stock
Vietnam’s national carrier Vietnam Airlines has reportedly seen a remarkable turnaround in its fortunes in the past 12…
Ryanair had its busiest ever month in June 2024 carrying 19.3m passengers
Low-cost airline Ryanair saw its busiest ever month in June 2024, flying more than 19 million passengers for…
Qatar Airways posts largest annual profits in its history at $1.7 billion
Qatar Airways has just announced its financial performance results for its financial year 2023/24 and the numbers are…
Colombian airline Avianca plans to file for IPO in the United States
Avianca Group is preparing for an initial public offering (IPO) in the United States, the holding company for…
Air France expects to lose $193M as tourists avoid Paris during 2024 Olympics
Air France has announced that the 2024 Summer Olympic Games being hosted by Paris may harm its financial…
Embraer’s EVE raises $94M in fresh capital through private share placement
EVE Air Mobility, Embraer’s Nasdaq-listed eVTOL subsidiary, has announced it has raised $94 million in new equity financing. …
Privatization of Pakistan International Airlines due in August 2024 – sources
The long-awaited privatization of Pakistan International Airlines (PIA) is expected to take place in early August 2024, according…
Boeing proposes using stock to buyout Spirit AeroSystems as talks near end
As talks reportedly near their end, Boeing has proposed using mostly company stock to purchase supplier Spirit AeroSystems…