Airlines and lessors are scrambling to assess and begin to manage the steep rise in the oil price over the past week following the U.S./Israel attack on Iran.
Gol is planning to build Rio de Janeiro’s Galeao International airport into a hub for international travel, and aims to launch service to New York JFK in July.
The Brazilian aviation market has significant growth potential but remains constrained by structural challenges, according to John Rodgerson, CEO of Azul.
Air India is operating extra flights to Europe and the U.S. due to the Iran war, and IndiGo is facing additional detours as it resumes its European service.
Brazilian LCC GOL plans to add Airbus A330-900s to its fleet later this year as parent company Abra works to expand connectivity in Latin America and beyond.
Lufthansa Group is seeing an “enormous” increase in demand on its Asia routes since the Iran war started and plans increased services to Africa and Asia-Pacific
Lufthansa subsidiary Swiss International Air Lines is targeting a single-type narrowbody fleet, which could render the future of its Airbus A220 uncertain.
French air accident bureau BEA has released its final report on the tailstrike of an Air Calédonie-operated ATR 72-200 at Ouvéa-Ouloup Airport in December 2024.
Dominican Republic-based Arajet plans to expand its presence in the U.S. market and is exploring airline partnerships as it seeks to strengthen its role as a connecting bridge between North and Latin America.
A growing number of African carriers armed with coherent business plans and stronger balance sheets are attracting interest from financiers, banks, traders and lessors, both from the continent and globally.
Gulf airlines are operating miniscule schedules, if any, after the U.S. and Israel started their war against Iran. Threats to security could slow recovery, too.
Industry consolidation accelerates as Dubai Aerospace Enterprise agrees to buy Macquarie AirFinance, expanding DAE’s fleet to more than 1,000 aircraft.