KLM averts pilot strike action at the last minute
KLM, the de facto Dutch flag carrier, has averted a pilots’ strike after the airline and the union…
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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.
Spanish banking giant Caixabank, leases five A330s to DHL
Caixabank, Spain’s third largest financial institution, has entered the international aircraft leasing business with a deal for five…
Icelandair remains bullish on full-year profit
Icelandair remains confident it will still generate a full-year profit, despite facing a series of challenges in the…
American Airlines halves Q3 2023 operating profit guidance
American Airlines provided an update regarding its Q3 2023 guidance, warning investors that it expects operating profit to…
Fraport prepares to divest from Saint Petersburg’s Pulkovo Airport
German airport operator Fraport is in talks to sell its stake in Saint Petersburg’s Pulkovo Airport (LED) before…
Lessor AerCap recovers $645M for 17 aircraft and five engines stranded in Russia
Aircraft leasing company AerCap said it received a cash settlement of $645 million for 17 aircraft and five…
Indian low-cost carrier IndiGo sets up aircraft leasing subsidiary
IndiGo is setting up its own aircraft leasing arm in the northwestern Indian state of Gujarat, according to…
Qantas CEO exits role earlier than scheduled due to mounting pressure
Qantas Chief Executive Officer (CEO) Alan Joyce has left his post earlier than scheduled after the airline faced…
State-owned Russian lessor GTLK to launch $600 million drone leasing program
State-owned Russian aircraft lessor GTLK is readying the launch of a $625 million (61 billion RUB) leasing program…
In a bid to reduce costs, UPS is offering pilots early retirement buyouts
UPS, the shipping company with its own fleet of aircraft, is offering its pilots early retirement buyouts in…
Anticipating Q3 profit, has Norse made long-haul low-cost work?
With Norse Atlantic Airways anticipating its first-ever profitable quarter in Q3 2023, has the airline finally cracked the…
Avia Solutions Group H1 2023 results: EBITDA grew by 20% up to €133 million
Avia Solutions Group, one of the world’s largest ACMI (Aircraft, Crew, Maintenance, and Insurance) providers, has unveiled its…
Monarch Airlines postpones relaunch, citing lack of cash
Monarch Airlines has decided to postpone its launch, citing the lack of cash. “This is not a decision…
TAP Air cites key long-haul market performance for its positive H1 result
TAP Air Portugal, the flag carrier of Portugal, has showcased strong results in its key long-haul markets, resulting…
Boeing opens up two credit facilities for up to $3.8 billion
Boeing has opened up two credit facilities from two different lenders for a total of $3.8 billion.In a…
JetBlue plans to hike Spirit Airlines fares, potentially jeopardizing merger
A redaction mistake has revealed that JetBlue had plans to hike Spirit Airlines’ fares following a merger of…
Qantas details Airbus A380 retirement plans with new order
Qantas has detailed retirement plans for its largest aircraft, the Airbus A380, alongside a new order for more…
Air New Zealand expects unprecedented demand to normalize in FY2024
Air New Zealand has finally returned to profitability due to a pick-up in demand but expects the situation…