Air New Zealand reported a decline in underlying profits for the first half of the 2025 fiscal year, with earnings before tax dropping to NZ$155 million, down from NZ$185 million the previous year. This decrease is attributed to economic pressures …
Travelers from Tel Aviv to New York are facing high ticket prices, with round-trip fares starting at $1,200 and often exceeding $2,000. Despite the resumption of US airlines like Delta and Arkia, airfares remain elevated due to limited supply and …
Etihad Airways reported a record profit of $476 million in 2024, driven by a 32% increase in passenger traffic, reduced fuel costs, and higher cargo revenues. The airline’s revenue reached $6.9 billion, a significant jump from $143 million in 2023. …
Virgin Australia has overtaken Qantas as Australia’s leading domestic airline, capturing 35% of the passenger market in 2024, compared to Qantas’s 34.6%. This marks the first time Qantas has lost its top position since 2022. Key factors in Virgin’s growth …
Virgin Australia has overtaken Qantas Airways as the leading airline in Australia, capturing a 35% share of the domestic market by the end of 2024, according to the Australian Competition and Consumer Commission (ACCC). This marks a significant shift in …
Southwest Airlines is set to implement its first mass layoffs, reducing its corporate workforce by 15%, or about 1,750 employees, starting in April 2025. This restructuring includes eliminating eleven executive positions and aims to enhance operational efficiency and financial performance …
Southwest Airlines is exploring the acquisition of another US carrier, as indicated by board member Chris Click on February 14, 2025. This speculation has reignited merger discussions that began in early 2024, with JetBlue and Breeze Airways emerging as potential …
Vietnam Airlines is planning to establish direct flights to Copenhagen, Denmark, as part of its European network expansion, driven by increasing travel demand between Vietnam and the Nordic region. The airline’s Chairman revealed ambitions for the route by 2025, alongside …
Binter, the Spanish airline, has announced the order of four ATR 72-600 turboprop aircraft, with an option for five more, as part of its fleet expansion strategy. This €215 million investment, funded by major Spanish banks, enhances Binter’s position as …
Air India, owned by Tata, is overhauling its international route network for Summer 2025, starting March 30. The airline will increase flight frequencies to popular destinations in the UK, Europe, Far East Asia, and Africa to meet rising travel demand. …
