Despite a turbulent month of March, Emirates Group has produced a record-high profit in its financial year 2025-2026 that ended on March 31. The Dubai-based company reported a profit before tax of AED 24.4 billion ($6.6 billion) for Emirates Airline…
Lufthansa Group will also make a binding offer on TAP Air Portugal and remains keen to take a minority share in the Portuguese airline. Group CEO Carsten Spohr and CFO Till Streichert confirmed the next step in today’s media call…
Thanks to above-average hedging of fuel at 78 percent and a flexible strategy, Lufthansa Group expects it can absorb the impact of the high fuel prices and operational constraints coming from the Middle East crisis. Based on current prices, the…
Turkish Airlines has greatly benefited from the Middle East war and the massive capacity reductions of the Gulf carriers. Transit traffic via the Istanbul hub was up by 10 percent in the first quarter, passenger traffic to Asia by even…
Winning a customer for six engines to power three aircraft might not make headlines, but winning back a customer who earlier selected your competitor’s product is different. Rolls-Royce hailed the return of LATAM to the family when it announced the…
Air France-KLM expects its fuel bill to reach $9.3 billion this year, up $2.4 billion compared to last year. That’s higher than the $2.0 billion Group CEO Ben Smith guided some weeks ago after the war in the Middle East…