South African Airways is weighing the benefits of fleet diversification, its interim CEO said at the Aviation Africa Summit.

Boeing will pay Embraer $150 million to settle differences stemming from the pair’s failed joint venture agreement, the Brazilian aircraft manufacturer said.

Boeing is laying out drastic cost-reduction plans, including sharp cuts to planned supplier purchase orders and potential layoffs.

SalamAir's ambitious plans mean it will need 10 more A320neos to hit its growth targets, but deliveries of six on-order Embraer 195-E2s have been put on hold.

Boeing CEO Kelly Ortberg will have direct input on a new offer to striking IAM members in an effort to end the work stoppage.

Lufthansa Group is expanding its wet-leasing with airBaltic and has signed a three-year agreement with Brussels Airlines for four A220-300s starting in 2025.

Avolon will buy the aircraft leasing unit of alternative investment manager Castlelake for an undisclosed sum in a deal that will add 118 jets to its fleet.

ATR has revealed new details of the preliminary hybrid power system architecture under study for the company’s advanced EVO family.