Norse Atlantic expects to record its first quarterly profit in Q3 as the airline is in full production and has ramped up activities since late May. This came too late for Q2, which in line with expectations ended with a…
TAP Air Portugal produced its best HY1 result in five years, announcing a €22.9 million net profit for the first six months and an even more solid result for Q2. “These results underpin TAP’s sustained commercial and financial improvement trend,”…
JetBlue CEO Robin Hayes is “very confident” that his airline will get slots for the 2024 summer season at Amsterdam Schiphol Airport. The US carrier has only guaranteed slots for the remainder of this summer season and the upcoming winter…
AirAsia X intends to exponentially but at the same time prudently further grow capacity as it continues its recovery from the pandemic in Asia. With one exception: China. The carrier plans to grow capacity to China three-fold by the end…
Investment bank Standard Chartered Group will sell its aviation finance leasing business Pembroke to Saudi Arabian lessor AviLease. The acquisition, which is expected to close by the end of the year, includes 120 owned and managed aircraft that are leased to…
International airline lobby organization IATA and the African Airlines Association (AFRAA) will combine resources to drive the Focus Africa initiative. This program aims “to maximize aviation’s contribution to development across the African Continent by better serving passengers and shippers.” Speaking from…