Troubled Brazil Airlines hit with losses on currency, climate woes
Brazilian airlines, already struggling with high interest rates and volatile fuel costs, are being hit with more losses as currency woes and climate challenges test…
JetBlue prices $2.77 billion of new debt a day after downgrades
JetBlue Airways Corp. priced $2.77 billion of bonds and loans on Tuesday after shifting the deal structure further into notes, as the recently downgraded carrier…
Ryanair starts €800 million buyback as plane purchases slow
Ryanair Holdings Plc is embarking on a fresh €800 million ($873 million) stock buyback as the airline benefits from a stronger cash position amid robust…
LATAM Airlines Group reports US$146 million of net income for the second quarter of the year
LATAM group announced today its financial results for the second quarter of 2024, maintaining the positive trend in its operating and financial performance.
Jet fuel demand spike in China is a rare boost for refiners
Jet fuel demand in China is on the mend as flights return to the skies, offering some support to domestic refiners grappling with muted diesel…
IBA forecasts strong 2024 order activity despite lower Farnborough commitments
IBA, the leading aviation market intelligence and advisory company, retains an optimistic outlook for the aviation industry, despite a lower-than-expected number of aircraft orders at…
Ethiopian Airlines honored with prestigious President’s Lifetime Achievement Award
Celebrates 25 years of services to the US
NTSB says ‘major shakeup’ needed to fix Boeing’s safety issues
US aviation regulators should conduct more surprise audits and inspections at Boeing Co.’s factories to get an unvarnished look at its manufacturing processes months after…
British Airways suspends Beijing service amid airspace curbs
British Airways will halt flights between London and Beijing in late October, announcing the suspension little over a year after it resumed the service as…
Boeing’s new CEO touts transparency, plans to walk factory floor
Boeing Co. Chief Executive Officer Kelly Ortberg said he’ll walk the main factory floor near Seattle on his first day and relocate to the city…
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