SriLankan Airlines improved its underlying operating performance in 2024/25, but engine shortages, 487 flight cancellations, falling passenger revenue and LKR 31.6 billion in finance costs pushed the Group into a LKR 2.74
VistaJet, the debt-laden private jet company, is grappling with a significant drop in cash reserves, the lowest since the early days of the pandemic, as its ultra-wealthy clientele scale back their travel
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Delta Air Lines is offering $30,000 in compensation to each passenger aboard the regional jet that crashed and flipped upside down while landing at Toronto Pearson International Airport on Monday. The airline
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Airbus, the world’s largest planemaker, has set a modest target of delivering 820 commercial jets in 2025, falling short of analyst expectations and highlighting continued supply chain challenges, the Financial Times (FT)
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IndiGo, India’s largest airline, is moving beyond its budget airline image as it expands internationally and introduces more premium offerings, signaling its shift toward a hybrid business model. This transition comes as
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The harrowing ordeal of Azerbaijan Airlines flight 8243 on Christmas morning unfolded against a backdrop of high tension and unimaginable stress. Captain Igor Kshnyakin, an experienced veteran of Soviet-era aviation, faced an
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In a detailed examination published by The Washington Post, it has been revealed that airline pilots received more than 100 cockpit warnings over the past decade alerting them to the danger of
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“As we learned after President Herbert Hoover signed the Smoot-Hawley tariff at the outset of the Great Depression, vibrant international trade is a key component to economic recovery; hindering trade is a
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Airbus has postponed its plans to fly a hydrogen-powered aircraft by 2035, marking a significant setback for the aviation industry’s ambitions to reach net zero emissions. The decision, which was relayed to
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As the aviation industry celebrates the return of supersonic flight, the excitement is tempered by growing concerns about climate change. Last week, Boom Supersonic achieved a milestone with the successful test flight
More A Denver-based company is poised to revive the era of supersonic air travel, potentially offering transatlantic flights that cost no more than current commercial flights but take only half the time. This
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“The people in the helicopter should have seen where they were going,” … What was the helicopter doing in that track? Very sad. But visually, somebody should have been able to see
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A horrific midair collision between an American Airlines passenger jet and a U.S. military helicopter over Washington, D.C. has resulted in a devastating loss of life. President Donald Trump confirmed there are
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A massive search and rescue operation is underway after a tragic mid-air collision between a U.S. military Blackhawk helicopter and a commercial passenger jet near Reagan National Airport on Wednesday night. The
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Airline loyalty programs, once designed to attract repeat customers, have now evolved into multi-billion-dollar businesses that, in some cases, generate more profit than actual flight operations. A recent Financial Times (FT) report
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Boeing has reported its second-largest annual loss in the company’s history, posting a staggering $11.8 billion net loss for fiscal 2024. The results, which reflect ongoing struggles across various sectors of the
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