LUFTHANSA GROUP lowered its full year 2024 guidance and now expects EBIT in the range of €1.4b-€1.8b (previously: €2.2b) after disappointing 2Q24; it estimates adjusted EBIT of €686m in 2Q24 vs €1.1b in 2Q23 (results due July 31).
ELFLY GROUP secured LOI from government of Gotland, Sweden to explore deeper collaboration to pursue zero-emission commercial flights to the island (at least one operator using its Noemi electric seaplane) by 2027.
SOUTHWEST AIRLINES and ARCHER AVIATION signed MOU to develop operational plans for electric air taxi networks utilizing Archer’s eVTOL at California airports to replace 60-to-90-minute commutes by car with 10-to-20-minute flights.
In line with the upcoming Farnborough International Airshow running July 22-26, Carbon Analysis looks at new-gen widebodies such as the A350, A330neo and 787.
Boeing and its former Chairman and CEO Dennis Muilenburg have paid their combined $201 million civil penalty to the U.S. Securities and Exchange Commission.
The Airport Authority of Hong Kong hopes to create a seamless and borderless experience for passengers and cargo flowing between Hong Kong and mainland China.
The General Authority of Civil Aviation (GACA) has announced ‘outstanding’ progress in Saudi Arabia’s air traffic performance between January-June 2024.
China's international passenger volume is 20 percentage points below 2019, but its entire international air transport capacity is 3.7% above pre-COVID levels.
