Sweden to Scrap Aviation Tax in 2025: IATA Applauds Decision
The International Air Transport Association (IATA) has applauded the Swedish government's decision to abolish the aviation tax starting from July...
Finance
Aer Lingus Faces €55M Bill from Pilots’ Industrial Action
Aer Lingus is confronting a substantial financial burden of at least €55 million following the conclusion of a pilots' pay...
IAG Shares Soar After Dropping Air Europa Takeover
Shares of International Airlines Group (IAG), the parent company of British Airways, soared on Friday after the company announced it...
SpiceJet Soars: Q4 Profit Up Sixfold, Shares Jump 7%
SpiceJet’s stock price surged over 7% following the announcement of a sixfold increase in net profit for the fourth quarter...
Cirrus Aircraft Debuts on Hong Kong Stock Exchange Amid Geopolitical Concerns
The company's shares opened at HK$27.50 but dipped to HK$26.05 before rebounding to close at HK$27.50, aligning with its IPO...
Ethiopian Airlines Seeks $211,000 Compensation from Nigeria for Failed Airline Venture
Ethiopian Airlines CEO Mesfin Tasew has disclosed that Nigeria’s Ministry of Aviation owes the airline $211,000 for breaching contract terms...
Joseph Azzopardi Appointed New CFO of KM Malta Airlines
KM Malta Airlines has announced the appointment of Joseph Azzopardi as its new Chief Financial Officer (CFO). Azzopardi will be...
Stellantis Boosts Archer with $55M Investment After Successful Test Flight
Stellantis has infused an additional $55 million into Archer Aviation, following the successful completion of a crucial flight test milestone....
Cathay Pacific to Reclaim HK Govt. Stake
Cathay Pacific Airways plans to buy back the remaining 50% of preference shares from the Hong Kong SAR Government by...
Vietnam Airlines Group Aims for Record Revenue Amid Challenges
Vietnam Airlines Group, which operates Vietnam Airlines, Pacific Airlines, and Vietnam Air Services Company, is targeting record revenues of VND80.89...
