Landmark aerospace events like the Farnborough Airshow are where the long-term realities of commercial aviation are codified. Contracts signed in Hampshire chalets dictate which carriers will control regional markets for the next decade—and which will be left behind. Aerolíneas Argentinas’…
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Twin powerful earthquakes struck northern Venezuela on June 24, killing at least 188 people, injuring more than 1,520, and leaving tens of thousands missing or trapped under rubble. The disaster has dealt a severe blow to the country’s main international…
RIO DE JANEIRO — The global aviation industry faces a sharp financial reversal in 2026, with net profits projected to halve compared to last year. Driven by a 70% year-on-year spike in jet fuel prices and severe operational disruptions from…
Rafael Schwarzman, IATA Regional Vice President for Europe, announced at the IATA Annual General Meeting (AGM) in Rio de Janeiro that jet fuel surged past 40% of total airline operating expenses (OpEx). This cost escalation, combined with a marginal 0.8%…
The definitive shutdown of Spirit Airlines in early May has sent shockwaves through the regional commercial aviation sector. Driven by accumulated debt and the collapse of a federal bailout package, its sudden exit removed a critical volume of Available Seat…