Aerospace company and aircraft lessor Dubai Aerospace Enterprise (DAE) has posted a $224 million pre-tax profit for the 2018 first half, up from $42.5 million for the comparable period, driven by the “smooth and successful integration” of leasing company AWAS.

Turkish Airlines reported strong 2018 first-half profits Aug. 9, citing increasing demand and unit revenues, despite increasing fuel prices.

China’s Lucky Air has become the latest HNA Group subsidiary to arrange a capital injection from a Chinese local government.

Air Lease Corp. (ALC) increased net income 14% to $115.2 million in the second quarter as revenues increased 4.4% to $397.8 million, largely on the strength of a higher net-book fleet value.

Air Serbia has launched a new ancillary revenue stream, where the airline will organize cakes, champagne and flowers for passenger special occasions.