Capt Ahmed Adel is positioning the North African carrier to play a crucial role as Egypt’s government invests in aviation infrastructure and seeks to double tourist traffic
LATAM’s chief executive believes that fleet renewal – and shoring up current-generation engine technologies – is the most viable path to boosting the efficiency of airline operations anytime soon.
Hot on the heels on Abra Group revealing plans to become a publicly traded company on the US stock market, the Latin American airline company has disclosed a major addition to its Airbus aircraft orderbook.
GetJet Aviation founder and chairman Alex Celiadin has quietly built a highly profitable ACMI and charter business for which he is targeting €1 billion revenues by 2030.
As it turns 10, MRO Japan – majority owned by ANA Holdings – eyes opportunities in freighter conversions and end-of-lease checks, but intends to grow slow and steady.
Low-cost carrier Avelo Airlines is taking a ”contrarian approach” to fleet strategy by ordering smaller Embraer E195-E2 jets while most US carriers continue to upgauge with larger aircraft.
Bogota-based Avianca Cargo is entering a new growth phase with an expanding Airbus A330 freighter fleet and the establishment of Avianca Cargo Mexico, strengthening its position across Latin American markets.
The global airline industry saw its profitability weaken year on year during the second quarter of 2024, as carriers grappled with moderating yields and rising capacity.
Full second-quarter 2024 earnings from Airline Business’s benchmark carriers in the Asia-Pacific region show profitability dropping year on year, in contrast to the region’s first-quarter performance
Full second-quarter 2024 data from Airline Business’s benchmark airlines in Europe shows the region’s carriers comfortably in profit at an aggregate level, albeit operating and net profits both fell by more than $1.3 billion year on year
Full second-quarter results from Airline Business’s benchmark airlines in the Latin America region show them plunging into a deep net loss at an aggregate level
Full second-quarter 2024 data for Airline Business’s benchmark airlines in North America shows that weaker year-on-year profitability continued into the second three months of the year
The global airline industry saw its financial performance improve year on year during the first quarter of 2024, although the period lived up to its seasonally weak reputation in Europe and North America
Full first-quarter 2024 earnings from Airline Business’s benchmark carriers reflects a strong performance from the Asia-Pacific region in financial and traffic terms.
Full first-quarter 2024 data for Airline Business’s benchmark airlines in Europe reflects an inauspicious start to the year for many airlines, albeit most earnings commentaries suggest things are set to improve
Full results for the first quarter of 2024 from our benchmark airlines in the Latin America region reflect a positive performance during what is the high season for travel at most operators.
Full first-quarter 2024 data for Airline Business’s benchmark airlines in North America shows revenue, traffic and capacity rising year on year, but profitability taking a hit amid a string of challenges for low-cost carriers in particular.