POTUS plan to curb private jet ‘funding loophole’ will ‘harm’ business aviation
The United States (US) President Joe Biden has set out his proposed ‘Budget for Fiscal Year 2025’ following…
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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.
Lufthansa Group reveals improved 2023 profits amid ongoing labor woes
Germany’s Lufthansa Group has announced its financial performance figures for 2023. The data reveals that the group generated…
Etihad’s net profits reach $143M in 2023 as passenger revenue drives growth
Etihad Airways saw its net profits in 2023 increase to AED 525 million ($143 million) from AED 92…
Dassault Aviation reports declining 2023 results due to supply chain issues
Dassault Aviation has released its financial results for the fiscal year 2023 and discussed its strategic plans for…
Avia Solutions Group concludes acquisition of Skytrans Airlines
Avia Solutions Group, the world’s largest ACMI (Aircraft, Crew, Maintenance, and Insurance) provider with a fleet of 199…
IAG presents strong 2023 results, plans to continue investing in 2024
International Airlines Group (IAG) has posted its full-year 2023 results, showing a significant revenue increase at €29.4 billion…
Air France-KLM posts record revenues despite Q4 hit due to geopolitical tensions
Air France-KLM, the umbrella group for carriers Air France, KLM and Transavia, has posted record revenues for 2023…
Singapore Airlines reports stronger earnings and higher profits in Q3 2023/24
Singapore Airlines Group has announced a net profit of SGD659 million ($491 million) for the third quarter (Q3)…
Norwegian achieves record profits during 2023, forecasts strong growth for 2024
Norwegian has announced its fourth quarter (Q4) and preliminary full-year results for 2023. The figures confirm that the…
Airbus to ramp up assembly, CEO insists it can never be ‘quantity over quality’
Airbus has published its 2023 results confirming plans to “ramp up” productions in the coming years and complete…
Finnair posts best results in a decade but remains below 2019 capacity levels
Finland’s national flag carrier Finnair announced its 2023 full year financial results on February 14, 2024, reporting its…
ATR reports growth in sales and deliveries for 2023
The regional aircraft manufacturer ATR has released its annual results for 2023, which showed impressive growth in sales…
An analysis of the latest US M&A deals: AeroTime speaks with S&P Global Ratings
Being a relatively mature market doesn’t prevent the US airline industry from seeing a fair degree of corporate…
Air Astana lists on the London Stock Exchange, raises funds for future expansion
On February 9, 2024, Air Astana Group, the parent company of Kazakhstan’s flag carrier Air Astana and its…
Flight claims management company Skycop acquires Lennuabi, eyes expansion
Lithuania-based flight compensation management company Skycop.com has completed the acquisition of its Estonian counterpart Lennuabi. This deal signals…
Chairman of ASG Gediminas Ziemelis: A global approach to seasonality in aviation
As an essential revenue generating asset, an aircraft generates value when it’s airborne and operating at close to…
IndiGo sees profits rise by a massive 53% to $362 million as demand soars
IndiGo, India’s biggest airline in terms of fleet size and passengers carried, has reported a profit for the…
Heart Aerospace closes $107 million Series B funding round
Heart Aerospace announced on February 1, 2024, that it has closed a $107 million Series B founding round. This…