Boeing Reports First Revenue Drop in Seven Quarters
CEO Dave Calhoun hinted at a potential acquisition of key supplier Spirit AeroSystems during the second quarter, despite ongoing negotiations...
Finance
Impact of Stronger Dollar and Soaring Oil Prices on Korean Airlines and LCCs
Shares of Korean Air, the nation’s flag carrier, have been on a downward trajectory since the onset of April, culminating...
Oman Air Reports 36% Reduction in Losses Amid Fiscal Year 2023
Highlighting the commendable achievement, Minister al Mawali elucidated that Oman Air witnessed a remarkable surge in revenues by 30% alongside...
Air Arabia shareholders approve 20% dividend distribution at Annual General Meeting
The Board of Directors’ recommendation follows the airline’s robust financial performance in the year ending December 31, 2023, where Air...
Embraer Soars to Success with $1.8 Billion Revenue from Commercial Jets in 2023, Spearheaded by E195-E2
A Triumph in Recovery In a testament to its resilience, Embraer raked in a substantial $5.2 billion in 2023, outshining...
Technavio Forecasts Robust Growth in Air Cargo Sector
Several factors are expected to drive this growth. These include the surge in e-commerce transactions, particularly notable in the Asia...
Saudi Wealth Fund Is in Talks to Acquire National Airline
According to sources familiar with the matter, who requested anonymity due to the confidential nature of the information, the Public...
Airbus Soars while Boeing Struggles: February Delivery Showdown
With Boeing striving to regain its footing after a tumultuous period marked by the fallout from the Alaska Airlines Flight...
