Airbus regains €100 billion market value last seen before Covid
Airbus SE has clawed back a €100 billion ($110 billion) market value last reached before the coronavirus pandemic in early 2020 knocked the stock, as…
Traders are betting against airlines at highest rate since pandemic
Investors are betting on a challenging travel season for airlines as sky-high prices and the steady drumbeat of an approaching recession threaten to keep passengers…
Etihad must stop running two ads in the UK due to greenwash rule
A UK regulator says there’s no technology that allows the Abu Dhabi-based airline to claim it has a viable approach to “sustainable aviation.”
African airlines face further losses after decade-long slump
African carriers suffered cumulative losses of about $3.5 billion over the past three years, a deficit that’s set to persist as restrictive fuel costs and…
JetBlue to launch flights to Amsterdam
After recent Dutch court ruling, JetBlue confident in long-term path to flights between Amsterdam and its New York and Boston focus cities
U.S. cargo and passenger airlines added 2,687 jobs in February 2023
Employment remains 8.2% above pre-pandemic February 2019
S&P Global Ratings: 3 Big U.S. airlines are poised for credit recovery amid looming U.S. recession
Positive momentum in U.S. airline passenger traffic will persist in 2023 amid industrywide capacity constraints that should lead to full planes and robust fares, said...
Airbus to build new China jet factory as Apple pulls back
Airbus SE will double production capacity in China of its top-selling jet in a bold bet on future demand in one of the world’s biggest…
U.S. airlines’ February 2023 fuel cost per gallon down 1.7% from January 2022
Aviation fuel consumption up 1.3% from pre-pandemic February 2019
Lufthansa sells catering unit to private equity firm Aurelius
Deutsche Lufthansa AG sold the remaining part of its airline catering business to private equity firm Aurelius Group as Germany’s flagship airline focuses on improving…
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