Keywords: Aviation industry
Global air passenger traffic declined again in May 2026, marking a second consecutive monthly contraction, according to the latest data released by the International Air Transport Association (IATA). The downturn comes amid rising operational costs, geopolitical instability, and increasing ticket prices......
Global airlines are expected to face a significant increase in carbon compliance costs over the next decade as demand for carbon credits continues to outpace supply. Industry estimates suggest that cumulative spending on carbon offsets could exceed $127 billion between 2024 and 2035, placing growing......
British low-cost carrier EasyJet has rejected three takeover proposals submitted within a ten-day period by US investment firm Castlelake, according to information released by the prospective buyer. The latest proposal, submitted on June 20, reportedly valued the airline at nearly £5 billion,......
Europe's largest low-cost airline, Ryanair, has announced the extension of Chief Executive Officer Michael O'Leary's contract until April 2032, ensuring continuity in the company's leadership during a period of ongoing growth and transformation in the aviation industry. O'Leary,......
Air travel across the Gulf region is gradually returning to normal as major airlines Emirates, Qatar Airways, and Etihad Airways resume more of their flight operations following a truce linked to tensions involving Iran. The gradual recovery comes after several months of disruption in Middle Eastern......
AirAsia X has announced the postponement of its planned flight service connecting Kuala Lumpur to Bahrain, citing ongoing instability in the Middle East as the main reason for the delay. The Malaysian long-haul low-cost airline had initially planned to launch the route in June, with onward connections......
Spanish low-cost airline Volotea has decided to remove its fuel surcharge policy for new bookings starting June 10, following regulatory scrutiny over its pricing practices. The airline had introduced the temporary surcharge in March after rising fuel costs linked to geopolitical tensions in the Middle......
Saudi Arabia has officially launched its new national carrier, Riyadh Air, as part of its long-term strategy to transform the kingdom into a global aviation hub. The launch comes amid ongoing geopolitical tensions in the Middle East and increasing competition among Gulf airlines. The airline, owned......
Four major French industrial groups have announced plans to establish a joint venture aimed at accelerating the production of sustainable aviation fuel (SAF), marking a significant step in the aviation sector's efforts to reduce carbon emissions. The partnership brings together Technip Energies,......
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