While Abra Group eyes London, a lack of slot and aircraft availability may delay adding the UK to Brazilian carrier Gol's growing intercontinental network.
Cathay Pacific has reversed most of the fuel surcharge increases that were imposed as a result of the Middle East crisis, with the cuts reflecting the recent easing fuel costs.
Some of Spirit Airlines’ fleet of young A320neo aircraft are being snapped up by aftermarket suppliers for teardown, with engines diverted to the spares market.
Air Space Intelligence won the 12-year, $875M contract for new air traffic management software systems designed to improve traffic flow and increase U.S. airspace capacity.
It is hard to overstate the importance of ETOPS (extended range twin engine operations); this game-changing regulation accounts for thousands of long-haul flights around the world every day.
SpiceJet secures its first government-backed loan under India’s ECLGS program, aimed at helping airlines offset rising fuel costs and financial losses.
Wet-lease and charter operator USC Aero has bought five former Lufthansa A340-600s to expand its fleet and bolster its spares stock as it targets long-term ACMI contracts.
Avelo expects falling Boeing 737-800 prices as fuel costs and production rates shift, creating short-term opportunities before its Embraer E2 deliveries begin.
Ten years after the Brexit vote, British aerospace stakeholders continue to grapple with higher costs, additional bureaucracy and regulatory divergence.
EasyJet has rejected a third bid by Castlelake to acquire its share capital at £6.25, an offer the UK-based LCC said was an attempt to acquire it “on the cheap”.
The CEO of Azores Airlines' parent company SATA Air Azores Group is hopeful that the rebooted privatization process for the Atlantic carrier will see it sold by year-end.
Although airline revenues are estimated to once again exceed $1 trillion for the third year running, IATA projects net profits will only reach $23 billion in 2026—a significant reduction from the $41 billion the association forecasted last December.