Virgin Atlantic has reported a return to profitability in 2024, achieving a Profit Before Tax of £20 million and record revenues of £3.3 billion, a £183 million increase from the previous year. The airline carried 5.6 million passengers, with a …
Singapore Airlines and American Express have launched an upgraded Business Credit Card for Small and Medium Enterprises (SMEs), effective April 23, 2025. The revamped card features enhanced travel rewards, including a conversion limit of up to 150,000 HighFlyer points to …
In 2023, the top business class airlines provide exceptional travel experiences, prioritizing comfort, gourmet dining, and luxury amenities. Qatar Airways leads with its Qsuites, featuring privacy doors and dine-on-demand service. Japan Airlines follows with spacious Safran Unity suites and free …
Boeing has completed repairs on the final 787 Dreamliner, marking the end of a challenging five-year process involving 122 aircraft due to minor fuselage gaps. Although these gaps did not compromise safety, they delayed deliveries and required extensive labor from …
Boeing has received shareholder approval for its acquisition of Spirit AeroSystems, a Wichita-based aerostructures manufacturer, expected to close by mid-2025. Announced in June 2024, this strategic move aims to enhance Boeing’s supply chain oversight and address ongoing quality issues, particularly …
Airbus has unexpectedly closed its Beluga Transport operations, which utilized the A300-600ST Beluga aircraft for commercial cargo transport. This strategic shift, just three years after the division’s launch, raises questions about the challenges of establishing a profitable cargo operation. Though …
Korean Air has completed a $1.4 billion merger with Asiana Airlines, marking a significant shift in South Korea’s aviation landscape. With Korean Air holding a 63.9% stake, the two airlines will operate independently for two years, with Asiana as a …
Korean Air is nearing the completion of its acquisition of Asiana Airlines, expected to finalize within days, pending U.S. anti-trust approval in December 2024. Valued at approximately 1.8 trillion won ($1.3 billion), the merger aims to strengthen Korean Air as …
A Senate subcommittee report reveals that US airlines earned $12 billion from “junk fees,” which encompass charges for carry-on luggage, checked bags, and pre-booked seating. United Airlines leads with fees up to $319 for preferred seating, followed by Delta and …
Lufthansa is set to acquire a 49% stake in ITA Airways for €325 million, confirming the deal with Italy’s Ministry of Economy and Finance. This acquisition, which follows Lufthansa’s earlier 41% stake, aims to strengthen its position in the European …
