In a landmark development for air travel in South America, Brazil and Argentina have paved the way for a new era of aviation freedom. Officials from Brazil’s National Civil Aviation Agency (ANAC) and Argentina’s National Civil Aviation Administration (ANAC) convened…
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British Airways, IAG Group, and Air France/KLM reported strong profits for 2023 as Europe’s aviation industry continues to rebound from the global pandemic. IAG had a solid fourth quarter and year, while AF/KLM had a 4th quarter loss but a…
The Singapore Air Show is ongoing this week, and the second and third days have brought us some additional aircraft transactions.
Air Canada released its 4th quarter and full year 2023 financial results. The airline had very strong results, achieving record full year operating revenues of $21.833 billion, full year operating income of $2.279 billion, 2023 adjusted EBITDA of $3.982 billion,…
Air Lease reported 4Q23 EPS of $1.89, +68% above the consensus of $1.12. “Fourth quarter and full-year performance at ALC was very strong. With the exception of the benefit of tax reform in 2017, we achieved record revenues and profits…