Embraer, the Brazilian aircraft manufacturer, is heading into the Farnborough Airshow with a positive wind at its back. The company’s stock price has reached an all-time high, fueled by recent…
On Thursday, American Airlines reduced its adjusted profit forecast for 2023 due to the challenges posed by increasing jet fuel prices and costly labor contracts, leading to a 1.5% drop…
Air New Zealand announced on Thursday that it expects strong customer demand in the financial year 2024, after reporting a significant annual profit due to a resurgence in travel and…
Jet2 plc, Britain’s biggest tour operator, upgraded its annual profit forecast and said trading for the coming summer was encouraging with demand for holidays continuing to defy the UK’s gloomy…
Qatar Airways announced plans for rapid growth on Tuesday, as the travel industry recovers from the pandemic. Announcing objectives at the ITB tourism fair in Berlin, the Gulf carrier said…
The latest industry update published by the International Air Transport Association (IATA) has indicated that traffic in 2022 was 68.5% of pre-pandemic levels. Total traffic in 2022, measured in Revenue…
Ultra low-cost carrier Spirit Airlines Inc posted better-than-expected quarterly results on Monday, fueled by strong demand for air travel despite ongoing economic concerns. Shares of Spirit rose over 7% to…
Lufthansa raised its forecast for full-year adjusted operating profit to over 1 billion euros ($980.40 million) on Monday, boosted by strong demand for air travel that continued its post-COVID recovery.…
Europe’s Airbus has revised up its forecast for jet deliveries over the next 20 years as soaring fuel bills prompt airlines to speed up taking delivery of new, more fuel-efficient…
