JetBlue Airways Chief Financial Officer Ursula Hurley said that the airline has deferred buying of 44 A321Neo Aircraft to 2030 and beyond to Read More
CVC DIF, the infrastructure strategy of leading global private markets manager CVC (via its CIF III fund), has agreed to acquire HiSERV, Read More
Boeing Acquires Spirit AeroSystems for $8.3 Billion
The US-based aircraft manufacturer Boeing on Monday said that it has entered into a definitive agreement to acquire Spirit AeroSystems for approximately $8.3 Read More
Renewable Fuel Projects Expected to Produce SAF by 2030
With the global aviation industry pledging to achieving net zero carbon emissions by 2050, the International Air Transport Association (IATA) has said that Read More
Global Airlines’ Revenue Projected to Reach $996 Billion in 2024
The global airline industry’s revenue is projected to reach $996 billion in 2024, marking 9.7% y-o-y growth and reaching the highest nominal value in Read More
As part of its plans to expand in the Middle East region, the Hong Kong-based Plaza Premium Group (PPG), the pioneering leader Read More
Emirates Group Post Record Profit of $5.1 Billion in 2023-24
Dubai headquartered Emirates Group, which released its annual report for 2023-24 on Monday, said that the company has posted a record profit Read More
Mayfair Jets Partners with Spanish Firm Euroairlines to Market Its
Dubai-headquartered Mayfair Jets with locations in Germany, Egypt, and Saudi Arabia, which is specialising in luxury and exclusive services, has signed a Read More
Emirates Announces Launch of A350 Aircraft for First Nine Routes
Emirates, the national carrier of Dubai, on Monday announced the first set of destinations to be served by its A350 aircraft which Read More
The recommendations of the Office for Budget Responsibility (OBR) in the UK not to scrap the VAT Retail Export Scheme, which is Read More