Spirit expects DOJ decision on merger with JetBlue by March 2023
Spirit Airlines, whose shareholders approved the merger with JetBlue in October 2022, expects the Department of Justice (DOJ)…
Aviation Economics & Finance
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Understand the financial dynamics of the aviation industry with our articles on economics, investments, and financial trends.
Airbus still struggling to sell wide-body aircraft
In its latest round of Orders and Deliveries data, Airbus increased its narrow-body aircraft backlog and delivered 20…
European business aviation could show resilience in 2023 despite recessionary outlook
The first month of 2023 started with high private jet demand in the European region and other parts…
US airlines respond to Biden‘s SOTU Address
Airlines for America (A4A), an industry trade organization and a lobby group, responded to comments made by the…
Boeing to slash 2,000 jobs, outsource some roles to India
Boeing will reduce its headcount by about 2,000 in the coming months in an effort to streamline its…
Mitsubishi admits it was ‘naive’ about SpaceJet program
Following the official confirmation that Mitsubishi Heavy Industries (MHI) would be terminating its SpaceJet program, the company’s president,…
Passenger demand recovery 68.5% of pre-pandemic levels in 2022: IATA
The latest industry update published by the International Air Transport Association (IATA) has indicated that traffic in 2022 was 68.5%…
Mitsubishi to axe SpaceJet project
Mitsubishi is set to axe the SpaceJet aircraft development program after years of multiple delays and development costs…
Norwegian sees satisfying passenger numbers in January 2023
Norwegian announced “satisfying” passenger numbers for January 2023 with the airline hopeful that the positive booking trend would…
Norwegian to acquire six Boeing 737 MAX aircraft via lease
Norway-based low-cost carrier Norwegian Air Shuttle announced that it has signed a Letter of Intent (LoI) with Air…
Business jet market size to pass $41 billion mark by 2030
A market research and strategy consulting company has estimated that the size of the business jet market will…
Korean Air: pax demand will grow in 2023 despite unfavorable economic conditions
Korean Air, announcing its annual accounts, indicated that it expects demand will continue to recover even if customers…
Hawaiian Airlines in the red in 2022 despite robust demand
Hawaiian Airlines ended 2022 with a net loss despite seeing robust demand on both domestic and international flights. In…
Norway‘s Flyr files for bankruptcy and ends operations
Norwegian low-cost carrier Flyr announced it would file for bankruptcy and cease operations with immediate effect after failing…
Association of Asia Pacific Airlines: 2022 a year of recovery in pax numbers
The Association of Asia Pacific Airlines (AAPA) has announced that preliminary traffic results for 2022 and December 2022…
Boeing to add 737 production capacity at former-747 site
With the final delivery of the Boeing 747 looming, the vacant space in Everett, Washington, the United States…
Ryanair still on track to welcome 225 million passengers by FY26
Irish low-cost carrier Ryanair reiterated its goal of welcoming 225 million annual passengers by the end of its…
Norway’s Flyr considers options to continue operations
Norwegian low-cost carrier Flyr warned investors and travelers that it is looking for options to continue operations after…