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%…
UPDATE – Eleven months since first announcing its intention to exercise options, Wizz Air shareholders have finally approved an order for 75 Airbus A321neo’s. During the airline’s annual general meeting in Geneva, the proposed purchase got the support of 18.229.812…
airBaltic’s CEO is someone with whom we have had several chats over the years. Initially as the CSeries pioneer, then over the years as an A220 fan. He remains confident in the A220 as you will see and hear below. …