Abra Group Finalizes $1.25 Billion Refinancing Deal
Abra Group, the parent company of Avianca Airlines, GOL Linhas Aéreas Inteligentes, and Wamos Air, has successfully completed two significant… Read More »
Boeing Machinists Reject Contract, Strike Nears Six Weeks
The machinists’ union representing 33,000 striking Boeing workers on the West Coast has rejected Boeing’s latest contract proposal, extending the… Read More »
Aer Lingus to Cut Staff Amid Profitability Issues
Aer Lingus is set to reduce its workforce due to challenges arising from a planned passenger cap at Dublin International… Read More »
Boeing Reports $6.17 Billion Q3 Loss Amid Worker Strike
Boeing has posted a net loss of $6.17 billion in the third quarter of 2024, largely attributed to the impact… Read More »
Preferred Hotels & Resorts Welcomes 24 New Properties
Preferred Hotels & Resorts, the world’s largest independent hotel brand, has announced the addition of 24 new member properties to… Read More »
Lilium Faces Bankruptcy as Subsidiaries Prepare to Fold
Lilium NV, the parent company of Germany’s Lilium (Oberpfaffenhofen) and Lilium eAircraft, is on the brink of bankruptcy, warning that… Read More »
Spotlight on Campinas Viracopos Airport
Campinas Viracopos Airport, serving the southeastern Brazilian city of Campinas, lies about 100km north of São Paulo, Latin America’s second-largest… Read More »
Lufthansa Group Reports Record Q3 Revenue, Profit Margins Decline
The Lufthansa Group posted record revenue in the third quarter of 2024, marking the strongest quarter in its history with… Read More »
Wheels Up Expands Fleet, Secures $330M Credit Facility
Wheels Up (WUP), based in Teterboro, New Jersey, has announced an ambitious fleet modernization strategy aimed at enhancing its service… Read More »
How United Airlines Aims to Surpass Delta as Most Profitable Airline
United Airlines is currently the top-performing U.S. airline stock, with shares up over 80% since January 1, more than twice… Read More »
Cruise Lines Embrace Private Islands to Boost Revenue
Cruise lines are turning to a new type of destination to enhance their revenue streams: private islands. Rather than emerging… Read More »
Judge Blocks Attempt to Reopen Alaska Airlines Merger Case
A U.S. District Court judge has officially denied an application to re-hear a dismissed lawsuit regarding the USD 1.9 billion… Read More »
ASKY Airlines Expands Routes, Builds African Codeshares
Togo-based ASKY Airlines is enhancing its network by adding more nonstop regional routes and forming strategic codeshares with African airlines,… Read More »
Changi Airport Traffic Rises, Driven by Strong Growth in China Flights
Singapore Changi Airport (SIN) reported a strong increase in passenger numbers for the third quarter, with a 10% year-over-year growth… Read More »
LATAM Airlines Orders 10 Boeing 787 Dreamliners, Adds 5 Options
LATAM Airlines Group, the premier passenger and cargo airline group in South America, has announced a significant purchase of 10… Read More »
Global Hotel Rates Expected to Rise Moderately in 2025
According to the Amex Global Business Travel Hotel Monitor 2025 report, global hotel rates are projected to rise in 2025,… Read More »
Qatar Airways Boeing 787 Damaged by Landing Gear Incident at Doha
A Qatar Airways Boeing 787 Dreamliner sustained damage at Hamad International Airport (DOH) in Doha when its right main landing… Read More »
Chrono Aviation Faces Administration Amid Financial Struggles
Chrono Group, the Canadian aviation firm that operates charter airline Chrono Aviation, has entered administration as it struggles to meet… Read More »
Singapore Expands Air Services Agreements with Five Nations
Singapore has recently broadened its international aviation connections by signing new Air Services Agreements (ASAs) with five nations, including a… Read More »
Ryanair Adds 1.5 Million Seats for Holiday Season to Meet Rising Demand
Ryanair has announced plans to add over 1.5 million additional seats across its network for the upcoming Christmas season to… Read More »
UK Announces Plans to Modernize Airspace Design
The UK is advancing plans to modernize its airspace with the introduction of a single entity dedicated to updating airspace… Read More »
Cybersecurity Agency Defending Elections May Face Cuts if Trump Wins
Jen Easterly, Director of the Cybersecurity and Infrastructure Security Agency (CISA), leads the agency responsible for protecting U.S. infrastructure and… Read More »
TAP Air Portugal’s Share Capital Reduced by Lisbon
The Portuguese government, through the state-owned assets oversight board (Direção Geral do Tesouro e Finanças – DGTF), has recently approved… Read More »
Brazil’s Azul Faces Investor Challenges, Needs $400M
Azul Linhas Aéreas Brasileiras (AD, São Paulo Viracopos) is currently navigating a challenging financial landscape as it seeks to raise… Read More »
Spirit Airlines Stock Surges 16% After Announcing Job Cuts and Aircraft Sales
Spirit Airlines shares rose 16% on Friday, closing at $2.79, after the budget carrier unveiled a plan to reduce costs… Read More »
Viking Orders Two New Cruise Ships from Fincantieri
Viking has announced an exciting expansion of its fleet by ordering two new cruise ships from Fincantieri, one of the… Read More »