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Browse: Home   /   @AirGuide Business   /   Financial Services & Private Equity   /   Page 38

WestJet Cuts Nine US Routes This Summer Amid Demand Drop

WestJet Cuts Nine US Routes This Summer Amid Demand Drop

WestJet will suspend nine transborder routes during parts of the summer season as the Canadian carrier grapples with a downturn… Read More »

Emirates Posts Record $5.2B Profit on Strong Growth

Emirates Posts Record $5.2B Profit on Strong Growth

Emirates Airline has posted a record annual profit after tax of $5.2 billion for the year ending March 31, 2025,… Read More »

US Class Action Targets Jeju Air Crash, FAA Engine Oversight

US Class Action Targets Jeju Air Crash, FAA Engine Oversight

A leading U.S. law firm has initiated legal steps that could lead to multimillion-dollar litigation over the December 29, 2024,… Read More »

Malaysia Aviation Group Navigates Rising Costs, Eyes COMAC Jets

Malaysia Aviation Group Navigates Rising Costs, Eyes COMAC Jets

Malaysia Aviation Group (MAG) remains financially stable despite rising costs from global trade tensions and has no plans to seek… Read More »

Five Airlines Propose Remedies for Transatlantic Operations Inquiry

Five Airlines Propose Remedies for Transatlantic Operations Inquiry

The UK’s Competition and Markets Authority (CMA) is preparing to accept binding commitments offered by IAG International Airlines Group, American… Read More »

Air Seoul Faces Financial Struggles as Auditors Flag Risks

Air Seoul Faces Financial Struggles as Auditors Flag Risks

Air Seoul is facing serious financial challenges, with auditors raising concerns about its ability to continue operating as a going… Read More »

China Airlines Orders 14 Boeing 777X Aircraft to Enhance Long-Haul Operations

China Airlines Orders 14 Boeing 777X Aircraft to Enhance Long-Haul Operations

Boeing and China Airlines (CAL) have announced that China Airlines is the latest customer to join the 777X family, with… Read More »

Amadeus Sees Q1 Profit Rise Amid Global Travel Uncertainty

Amadeus Sees Q1 Profit Rise Amid Global Travel Uncertainty

Amadeus has reported strong first-quarter 2025 results, highlighting double-digit profit growth despite ongoing global uncertainty. Group revenue rose 9% year… Read More »

IndiGo Airlines Adds Two More Boeing 787-9s on Damp Lease

IndiGo Airlines Adds Two More Boeing 787-9s on Damp Lease

IndiGo Airlines has expanded its partnership with Norse Atlantic Airways by damp-leasing two additional Boeing 787-9 aircraft, bringing the total… Read More »

UPS to Cut 20,000 Jobs as Amazon Volumes Drop by 2026

UPS to Cut 20,000 Jobs as Amazon Volumes Drop by 2026

UPS plans to lay off 20,000 employees and shutter 73 facilities as it significantly scales back its partnership with Amazon… Read More »

Airbus CEO Supports EU Tariffs if US Talks on Boeing Fail

Airbus CEO Supports EU Tariffs if US Talks on Boeing Fail

Airbus CEO Guillaume Faury has stated that Europe should impose retaliatory tariffs on Boeing aircraft imports if the United States… Read More »

Airbus April Deliveries Lag 820-Jet Target

Airbus April Deliveries Lag 820-Jet Target

Airbus delivered 56 aircraft to 33 customers in April 2025, down from 61 jets in April 2024, according to figures… Read More »

Airbus Delivers 56 Jets in April, Down 8% Year Over Year

Airbus Delivers 56 Jets in April, Down 8% Year Over Year

Airbus delivered 56 aircraft in April 2025, marking an 8% decline compared to the same month last year. The European… Read More »

IHG Reports 3.5% US Room Revenue Growth

IHG Reports 3.5% US Room Revenue Growth

InterContinental Hotels Group is standing firm on its full-year outlook even as competitors scale back profit forecasts amid what analysts… Read More »

Contour and Spirit Airlines Partner to Expand EAS Connectivity

Contour and Spirit Airlines Partner to Expand EAS Connectivity

Contour Airlines and Spirit Airlines have announced a new partnership aimed at improving connectivity between underserved Essential Air Service (EAS)… Read More »

BermudAir Denied Licence but Wins Exemption to Keep Flying

BermudAir Denied Licence but Wins Exemption to Keep Flying

Bermuda’s Air Transport Licensing Panel has denied BermudAir’s application for an Air Transport Licence, though the airline has been granted… Read More »

FlyUSA Expands Fleet With TRYP Air Charter Acquisition

FlyUSA Expands Fleet With TRYP Air Charter Acquisition

FlyUSA, based at Tampa International Airport, has acquired TRYP Air Charter and its affiliated firm MySky Aviation Solutions, significantly expanding… Read More »

Canada’s PAL Airlines Wins Newfoundland Air Service Contract

Canada’s PAL Airlines Wins Newfoundland Air Service Contract

PAL Airlines has secured a contract from the government of Newfoundland and Labrador to operate an intraprovincial air travel loop… Read More »

Qatar, IAG, Malaysia Aviation to Form Global Cargo Alliance

Qatar, IAG, Malaysia Aviation to Form Global Cargo Alliance

Qatar Airways, International Airlines Group (IAG), and Malaysia Aviation Group (MAG) have announced plans to establish a global cargo joint… Read More »

Vertical Aerospace Adopts Universal Charging Standard for eVTOLs

Vertical Aerospace Adopts Universal Charging Standard for eVTOLs

Vertical Aerospace has announced its decision to adopt the Combined Charging Standard (CCS), a universal rapid charging technology favored by… Read More »

AirAsia Capital A Eyes Saudi for Major Route Expansion

AirAsia Capital A Eyes Saudi for Major Route Expansion

Capital A, parent company of AirAsia, has identified Saudi Arabia as a top priority market for expansion, kicking off with… Read More »

Mexico Slashes Cruise Tax to $5 Per Person

Mexico Slashes Cruise Tax to $5 Per Person

Mexico announced that as of July 1, 2025, the non-resident duty tax on cruise passengers will be five dollars per… Read More »

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