Embraer has emerged as the winner in a competition between the Airbus A220 and its E190-E2 at Virgin Australia. The carrier ordered 8 E190-E2 jets to replace its long-serving Fokker 100 fleet. Deliveries are scheduled to begin in the second…
Frontier Airlines is cutting back on its growth and aircraft deliveries scheduled for the next few years as it attempts to improve profitability. While the carrier had a positive second quarter, the second and third quarters are typically profitable while…
The air cargo industry continued its upward trajectory in June, with demand surging by a remarkable 14.1% year-on-year (YoY), as the International Air Transport Association (IATA) reported. This exceptional growth marked the seventh consecutive month of double-digit growth and propelled…
Hong Kong’s flag carrier Cathay Pacific reported lower profit in the first half of 2024, despite higher revenues. The company also indicated that it is investing over HK$100 billion to strengthen its hub in Hong Kong. First half attributable profit…
LATAM Airlines Group reported net income of US$146 million during the second quarter of 2024. The carrier group increased passenger operations by 16.2%, increasing operational revenues to more than US$3 billion, an increase of 13.2% year over year. Adjusted operating…
The global aviation industry sustained its robust momentum in June, with passenger demand climbing 9.1% year-on-year (YoY). This positive growth, coupled with a capacity increase of 8.5%, resulted in a commendable load factor of 85%, as the International Air Transport…