The decision came down to a dwindling time frame for a self-imposed summer deadline contained within the deal’s terms.

Wet-lease provider Avia Solutions Group is planning to set up or acquire seven airlines in 2024, after finalizing its acquisition of Skytrans.

The Malaysian Government has received a “no find, no fee" proposal from exploration company Ocean Infinity.

Financial analysts and industry observers respond to the news that Spirit AeroSystems is mulling some kind of sale, including to Boeing and Airbus.

Particularly for the Project Sunrise London route, it will be key for Airbus not to incur any significant weight penalties because of the fuel tank redesign.

The Korean Air-Asiana merger process is spawning significant opportunities for other carriers thanks to competition remedies required by overseas regulators.

Asiana’s cargo division will be sold if the Korean Air-Asiana merger is finalized.

The United Nations Climate Change Conference, COP28, closed with an agreement signaling what it called the “beginning of the end” of the fossil fuel era.