IATA is positive there will be enough facilities in 2028 to produce 69 billion liters or 55 million tonnes of renewable fuel to make sustainable aviation fuels (SAF). As of June, the airline association has identified 130 global projects, up from 61 projects IATA...
The global airline industry is expected to generate $9.8 billion in net profits this year, the International Air Transport Association (IATA) said on Monday in its latest outlook. This is more than double that of the December guidance of $4.7 billion. The operating...
IndiGo reported a net profit of Rs 9.19 billion for the fourth quarter ending March 2023. This is the best-ever fourth-quarter profit reported by the airline, which enjoys a domestic market share of over 50 percent. The airline had reported a net loss of Rs 16,816...
Turkish Airlines surprised with a $2.7 billion net profit for 2022, one of the highest seen within the industry so far and not even matched by the three US carriers. The carrier is citing strong revenue development that saw last year outpace 2019 at every level....
Eviation announced that its Alice order book now exceeds $2Bn. Orders for Alice include U.S. regional airlines Cape Air, Global Crossing Airlines, and German airline operator EVIA AERO. “With almost 300 aircraft now on order, the Alice is receiving strong...
AirInsight is the boutique aerospace media and analysis team and part of AirInsight Group LLC.
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