AMLO’s airline to take off with $4 billion, 10 jets
Mexico’s new military-run airline will get a $4 billion investment and plans to start operations with Boeing Co. jets, ramping up a plan by President…
May 2023 U.S. Airline Traffic Reaches New All-time High for the Month of May
When adjusted for seasonality, May enplanements are down 1.7% from April and down 5.5% from the all-time high reached in January 2020.
China airline capacity jumps to almost reach pre-pandemic levels
IBA’s latest Aviation Industry Barometer reveals that passenger ASKs from Chinese operators were trending at 96% of 2019 levels in July 2023, a strong increase…
Cathay Group continues to invest in the Hong Kong international aviation hub with intention to purchase 32 Airbus aircraft
Re-affirming its commitment to delivering an enhanced flying experience for its customers
Turkish Air net income climbs 18%
Turkish Airlines reported an 18% increase in net income in dollar terms during the first half of 2023 from a year ago, with passenger revenues…
Ryanair says new Italy decree on airfares ‘illegal’
Ryanair Holdings Plc senior executive Eddie Wilson said a new decree passed by the Italian government to reduce the impact of rising airfares this summer…
Private-jet firm Wheels Up seeks rescue funding
Wheels Up Experience Inc. just got a fresh liquidity boost from its largest shareholder, Delta Air Lines Inc.
Cathay bullish on prospects as profit soars to 13-year high
Cathay Pacific Airways Ltd. expects its strong recovery from the Covid crisis to continue through the rest of the year after the carrier announced its…
IBA forecasts oversupply of 737-800 P2F aircraft
IBA, the leading aviation market intelligence and consultancy company, has revealed there are signals of potential oversupply of the Boeing 737-800 passenger to freighter (P2F)…
Thai Airways and Turkish Air plan to partner on Asia-Europe flights
Thai Airways International Pcl and Turkish Airlines signed a memorandum of understanding Tuesday with the aim of forming a joint-venture partnership and working together on…
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