For Q2 2025, management guided to revenue of $23.5 million to $26.5 million and an adjusted EBITDA loss of $10 million to $13 million, considering the exit of unprofitable scheduled routes and ...

Stewart maintained a cautious tone on the freight environment, "Overall, transportation volumes remain muted as the uncertainty clouds visibility for the rest of 2025 and as long as the global ...

CEO Robert S. Wiesenthal announced the sale of the Blade Passenger business to Joby Aviation for up to $125 million, calling the transaction "transformational for both the Blade Passenger business and ...

Hungarian low cost carrier Wizz Air has ambitions to become a major force in the GCC once it begins operations from Abu Dhabi this year. The carrier’s CEO Joszef Varadi (pictured right) was speaking ...

FARNBOROUGH—Spanish regional airline Air Nostrum, which plans to acquire Airlander 10 hybrid air vehicles, is considering using the platforms to create a new route network of towns and cities that do ...

CEO Michael Rousseau stated Air Canada delivered a solid third quarter performance despite the impact of a labor disruption, noting, "We delivered a solid third quarter financial and operating ...

Air New Zealand Ltd said on Tuesday it had outlined requirements to suppliers as part of plans to replace its fleet of De Havilland Canada Dash 8 Q300 turboprops with lower-emissions technology by ...

Korean Air president Woo Keehong has outlined the gargantuan task of integrating Asiana Airlines, in addition to getting regulatory approvals for the deal. Korean has established 20 working groups ...

Independently-owned Greek carrier Minoan Air revealed at World Routes in Abu Dhabi this week that it is poised to launch services from the United Kingdom after announcing its intent to launch commerci ...