aviation News

Boeing Shares Plummet Over 4% as China Halts Jet Deliveries Amid Rising Trade Tensions

Boeing's stock fell over 4% after China ordered airlines to stop accepting new Boeing jets, amid escalating trade tensions with the U.S. Chinese airlines were also told to halt pur...

Boeing Shares Plunge 4.5% as China Halts Jet Deliveries Amid Rising Trade Tensions

Boeing's stock fell over 4% after China ordered airlines to stop new aircraft deliveries, amid U.S. tariffs on Chinese goods. Chinese airlines also halted purchases of U.S. aviatio...

Boeing Shares Tumble Over 4.5% as China Halts Jet Deliveries Amid Trade Tensions

Boeing's stock fell over 4% after China ordered its airlines to stop accepting new Boeing jets, amid rising U.S.-China trade tensions and U.S. tariffs on Chinese goods up to 145%. ...

Lufthansa Soars: Q4 Revenue Hits €9.4B with a 7.8% Year-on-Year Increase

Lufthansa reports a 7.8% increase in Q4 revenue to €9.4 billion, marking a record annual revenue of €37.6 billion. The company anticipates moderate growth and faces challenges like...

Lufthansa Soars to Record Revenue in 2024, Q4 Earnings Jump by 7.8%

Deutsche Lufthansa AG reports a 7.8% increase in Q4 revenue to €9.4 billion, with a record full-year revenue of €37.6 billion for 2024. The company anticipates a 4% capacity growth...

India's Udan Scheme Expands: A New Era of Regional Air Connectivity and Tourism Growth

India's Udan scheme is set for a major expansion, aiming to connect 120 new destinations and carry 4 crore passengers over the next decade, significantly boosting regional air conn...

Boeing's Stock Takes a Nosedive: 4% Drop Following South Korea Crash

Boeing's shares experienced a sharp 4.14% decline to $173.23 following a crash in South Korea, sparking widespread market concern and speculation about the company's future.

Interglobe Air Transport to Expand Oman Air's Footprint Across India as New GSA

InterGlobe Air Transport has been appointed as the exclusive General Sales Agent (GSA) for Oman Air across India, aiming to enhance Oman Air's presence and customer service in the ...

Mexicana de Aviacion Expands Fleet with Embraer Purchase Plan

Mexicana de Aviacion, Mexico's state-owned airline, is set to expand its fleet by purchasing five Embraer airplanes, with plans for additional acquisitions in 2026 and 2027. This s...

Adani Group Expands Aviation Footprint with Air Works Acquisition

The Adani Group is acquiring Air Works, India's largest private sector MRO player, for Rs 400 crore to expand its aviation services.

Adani Group Expands Aviation Presence with Acquisition of Leading MRO Air Works

The Adani Group acquires Air Works, India's largest private sector MRO provider, for Rs 400 crore. This strategic move aims to strengthen India's aviation infrastructure and MRO ca...

Korean Air's Historic Merger with Asiana Creates Asia's Aviation Giant

Korean Air finalizes acquisition of Asiana Airlines, forming one of Asia's largest airlines. The merger, valued at US$1.3 billion, aims to consolidate South Korea's aviation sector...