Backed by former easyJet veteran, Castlelake launches fourth bid for airline
Castlelake's 6.25-pound-per-share proposal represents a premium of about 57% to easyJet's share price of 3.94 pounds on May 29...
Category : Aviation
Global air travel demand to see a moderate 2026, says IATA
As per the IATA, the industry-wide revenue passenger kilometres (RPK), a key measure of passenger demand, will grow by 2.1% in 2026...
Castlelake eyes possible takeover of budget carrier easyJet, may rope in MSC
While easyJet has called the Castlelake's offer "highly opportunistic", analysts say the company's low valuation, key airport slots and stable fleet make it a prime takeover target...
IF Insights: Airlines face grounding risk as Iran war pushes jet fuel price higher
As per industry executives, even if the Strait of Hormuz reopens, cost impact on jet fuel will persist due to reduced refining capacity in the Middle East...
Boeing CEO gives updates on 737 production, certification timelines
The 737 production, since January 2024, has run into consistent headwinds after a midair panel blowout on a 737 MAX revealed quality problems...
Despite Iran headwinds, Qatar Airways finishes 2025/26 on a high
The airline carried more than 41.8 million passengers, maintaining extensive global connectivity through the Hamad International Airport...
Africa’s air travel booms despite global disruptions due to Iran war
As per the African Travel & Tourism Association (ATTA), 70 non-African countries are expected to operate direct flights to the continent during 2026...
Abu Dhabi Airports launches first direct cargo link to Northern Thailand with K-Mile Air
Dedicated freight volume at AUH has surged 119% as the airport cements its role as a primary gateway between Southeast Asia and the Middle East...
The demise of Spirit Airlines: All you need to know
Spirit Airlines built its brand around affordable fares for budget-conscious travellers, while shunning add-ons like checked bags and seat assignments...
Boeing ramps up its hiring pace, highest since 2024
Boeing’s current worker demand still trails its aggressive hiring from 2023 to 2024, when it needed to add staffers following the pandemic...