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International Airlines Group Posts Record Half-Yearly Profit

The International Airlines Group (IAG) has delivered an astounding turnaround by posting a record operating profit for the first half of 2023 (1H23). The parent company of British Airways, Iberia, Vueling, LEVEL, and Aer Lingus achieved a €1.26 billion ($1.39…

British Airways Expands Flights to Africa

Recently, British Airways announced an expansion of its services to Accra, Ghana, citing improved route performance metrics. The airline will increase its flights from the current daily nonstop service to 10 weekly flights, effective from the IATA's Winter 2023 season.…

London’s Heathrow Airport Records Substantial Recovery Amid Controversial Landing Fees

After one year of lifting the travel restrictions in the U.K., London’s Heathrow Airport has recorded 6.4 million passengers travel through the airport for April. Earlier, the country’s busiest airport has welcomed 16.9 million passengers in the first quarter of…

Hong Kong’s Aviation Industry Gradually Rebounds

Hong Kong continues an upward trend after the lifting of travel restrictions. Cathay Pacific — the city’s flag carrier — has carried over 1.3 million passengers last month, with an increase of 19% compared with February. The load factor was over 90%.…

Lufthansa Offer to Purchase Stake in ITA Airways Sparks European…

Lufthansa recently announced a bid to acquire a minority stake in the Italian airline ITA Airways with an option to purchase the remaining shares in the future. A press release on Wednesday from the German carrier stated: ‘Today, the company…