Boeing and Embraer have released first-quarter results for 2025, with both companies reporting healthy order books. Boeing recorded a first-quarter revenue of USD 19.5 billion, up from USD 16.6 billion...
FlyArystan, the low-fare subsidiary of Air Astana Group, is playing an increasingly prominent role in the group’s overall performance and strategic direction, according to the company’s 2024 results. A key...
Ongoing engine maintenance woes contributed to airBaltic’s net loss of nearly EUR 120 million in 2024 despite record passenger numbers and revenue. In its annual report, the Latvian low-fare carrier...
Norwegian is to acquire 10 Boeing 737-800 aircraft currently operating within its leased fleet in a strategic move designed to save the low fare carrier around GBP 14 million a...
Embraer, the Brazilian aerospace company, has announced record-breaking financial results for the fourth quarter and full year of 2024. Total revenues reached an all-time high of USD 6.395 billion, up...
ATR has released its 2024 full-year results, showing growth in sales but a plateau in deliveries. The regional turboprop manufacturer delivered USD 1.2 billion in revenues, a book-to-bill above 1,...
Boeing has reported a USD 11.8 billion net loss for 2024, with a USD 3.9 billion loss in the final quarter alone. The US aerospace giant attributed the substantial losses...
In a strategic move to raise operating capital, US low-fare carrier Southwest Airlines has finalised a sale-leaseback agreement with Babcock & Brown Aircraft Management (BBAM) for 36 Boeing 737-800 aircraft....
European low-fare airline Ryanair has issued a stark warning to the French government over a proposed 260% increase in passenger taxes, planned to take effect on 1 January 2025. The...
Gediminas Ziemelis, Chairman of the international aviation services company Avia Solutions Group, has issued a stark warning against the proposed increase in UK Air Passenger Duty (APD) outlined in the...