Aviation business updates on airline financials, mergers and acquisitions, industry trends, stocks, and commercial developments worldwide.
HeyMax, a Singapore-based APAC travel loyalty platform, secured US$11 million in Series A funding led by Peak XV Partners to accelerate its Max Miles travel rewards and regional expansion.
UPS will eliminate 30,000 operational jobs and close 24 facilities in 2026 as it reduces low-profit Amazon volume and completes its MD-11 fleet retirement.
United Parcel Service will cut up to 30,000 jobs and close 24 facilities in 2026 to complete its shift from low-profit Amazon deliveries, while also retiring its MD-11 freighter fleet after a fatal crash.
Boeing reported its first quarterly net profit in over three years, driven by a $9.6 billion asset sale and the easing of FAA 737 MAX production caps.
Nigerian Aviation Minister Festus Keyamo engaged AerCap and Afreximbank in Dublin for strategic partnerships focused on fleet renewal and securing modern, fuel-efficient aircraft for domestic carriers.
The UAE and Australia held their second Joint Economic Committee meeting to accelerate trade and investment under the CEPA, focusing on high-growth sectors like logistics and transport.
Ryanair now expects ticket prices to rise by up to 9% this year, citing strong demand and busy holiday periods, as it targets 208 million passengers.
Air Lease Corporation delivered the first of five new Boeing 737-8 aircraft to Air Canada, marking a key step in the airline's 2023 long-term lease agreement.
Boeing, American Airlines, and RTX earnings loom this week, with investors focusing on 737 MAX production, airline revenue growth, and storm recovery.
Boeing's Q4 earnings report is expected to show a loss, but investor focus remains on the critical 737 MAX production ramp-up and free cash flow improvements.
Aero Law Center advised two Taiwan banks on a US$95 million debt financing for a leasing company's acquisition of a Boeing 777-300ER, highlighting complex cross-border finance expertise.
Ministry of Civil Aviation's Wings India 2026 in Hyderabad highlights the nation's rapid ascent as the fastest-growing civil aviation market.
Dubai Aerospace Enterprise (DAE) finalized a long-term lease agreement with Somon Air for two new Boeing 737-8 aircraft, supporting the Tajik carrier's 2026 network growth.
Philippine Airlines secured a financing facility from Natixis for pre-delivery payments on five Airbus A350-1000s, supporting its long-haul fleet modernization.
Asia's largest civil aviation event, Wings India 2026, begins in Hyderabad on January 28, spotlighting India's rapid growth as a global aviation hub.
Singapore Airlines and SATS Ltd. posted minor gains on the Straits Times Index, reflecting a resilient aviation sector despite ongoing yield pressure and new operational costs.
Southwest Airlines is establishing a Global Innovation Center in Hyderabad, India, joining other US firms leveraging the country's tech talent for digital transformation.
Major European airline stocks, including Lufthansa, Air France-KLM, and IAG, sank for the week as a jump in WTI crude futures drove up aviation fuel cost concerns.
Caribbean Airlines confirmed its Kingston, Jamaica office relocation from Hope Road is due to a scheduled lease expiration, not an eviction, assuring customers of service continuity.
IndiGo and Air India face significant financial pressure from mass flight cancellations, safety incidents, and adverse macro conditions, impacting their profit outlook.
