IATA reports year-over-year global pax traffic was up 25.1% in February on 18.7% higher capacity, surpassing the pre-pandemic 2019 threshold by 5.7% (PLF was also closing in on 2019 levels); cargo rose 11.9% on 13.4% higher capacity.
GLOBAL CROSSING AIRLINES (GlobalX) received US DOT approval to increase fleet from 16 to 20 aircraft; it plans to add two A320-200s and two A321-200s to fleet by Summer 2024 to strengthen its ACMI pax charter business.
CEBU PACIFIC, The Philippines agreed to sell four A330-900s to Avolon for leaseback for delivery 2H24-2026. AVOLON expects widebody delivery slots from manufacturers will be sold out to 2030 by end 2024, resulting in a very tight market.
The MoU is intended to enable collaboration to identify research, development, demonstration, and deployment opportunities for sustainable aviation technologies
European airports saddled in debt accumulated during the pandemic need government financial backing to meet decarbonization goals, ACI Europe's chief warns.
VAS Aero Services will manage the teardown of three A380s by France’s Tarmac Aerosave; parts will be positioned among operators in Europe and the Middle East,
If Comac is intent on competing outside of its home market, it will need to address the development of support infrastructure and technical support for its jets
The top 20 airline groups as measured in revenue passenger kilometers (RPKs) for 2023 reveal a traffic performance 30% higher than the top 20 carriers in 2022.
flynas celebrated taking delivery of the 50th aircraft out of an order for 120 A320neo aircraft from Airbus at a reception held at King Khalid International Airport in Riyadh.
Malaysia Airlines and IndiGo have announced their intention to form a codeshare partnership to improve their networks in important markets for both airlines.
