Qatar Airways acquires stake in South Africa’s Airlink
Qatar Airways bought a 25% stake in South Africa’s SA Airlink Pty Ltd. as the Doha-based airline looks to expand its presence on the continent.
FAA orders 787 cockpit seat checks after rise in incidents
The Federal Aviation Administration mandated that operators of Boeing Co.’s 787 Dreamliner inspect the jet’s cockpit seats after an uptick in reports about inadvertent movements…
European airlines outpace US carriers on cleaner jet fuel
Green fuel is critical to efforts to tackle the climate impact of air travel. But sustainable aviation fuel was only 0.17% of airlines’ global propellant…
Kenya Airways swings into profit for first time in decade
Kenya Airways Plc posted a first-half profit for the first time in 10 years as it increased passengers and cargo volumes.
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…
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