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…
Aviation Economics & Finance
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Understand the financial dynamics of the aviation industry with our articles on economics, investments, and financial trends.
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…
FlySafair faces sanctions after breaching foreign ownership rules
South African low-cost airline FlySafair could be stripped of some of its most lucrative routes after regulators found…
Azul and GOL agree to enter merger talks to create Brazil’s largest airline
Brazilian airline Azul Linhas Aéreas Brasileiras (Azul) has announced that it has signed a non-binding agreement with Abra Group-owned…
Avolon: airline industry to reach US$1 trillion revenue milestone in 2025
Dublin-based aircraft leasing company Avolon has published a new market outlook report, predicting that the global airline industry…
German eVTOL aircraft developer Volocopter files for insolvency
The German electric vehicle takeoff and landing (eVTOL) aircraft developer Volocopter has filed for insolvency while seeking new…
Departures and arrivals: the world’s airline casualties and startups of 2024
As is the case with any year, 2024 was kinder to some companies within the global airline industry…
A Christmas miracle: Flying taxi manufacturer Lilium saved at final hour
A last-minute rescue may have saved innovative startup Lilium, as the company has announced a rescue deal with…
eVTOL developer Lilium lays off almost all staff, German media reports
Lilium may have laid off around 1,000 employees, almost all of its staff, on December 20, 2024, according…
Cathay Pacific continues on path to recovery with strong November 2024 results
Hong Kong-based carrier Cathay Pacific has released its latest traffic figures for November 2024. The results, released on…
Avia Solutions Group grows to 222 aircraft, eyes 700 aircraft by 2030
Avia Solutions Group (ASG) experienced remarkable growth in 2024, further solidifying its position as a global leader in…