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Embraer Fiscal Year Financial Results ‘Below Expectations’

Embraer delivered its financial results for the year 2019 which some analysts consider to be below expectations. This will add to the fact that the joint venture with Boeing is now delayed as the European Union says it sees a…

Italian Government Renationalizes Alitalia

Troubled flag carrier Alitalia will become once again a state-owned airline as a result of a new decree signed on Monday by Italian Prime Minister Giuseppe Conte as part of a relief package to support the economy in a country…

LATAM Airlines Group Reports $190 Million Net Income in 2019

LATAM Airlines Group, Latin America's largest airline, presented its financial results of the fourth quarter and full year of 2019 last week. The group had its fourth consecutive year of positive results, registering a USD $190 million net income. This…

Garuda Indonesia Reports Drop of Two Million Passengers in Third…

As a result of increased airfare earlier this year, the passenger numbers of Garuda Indonesia Group in the third quarter dropped 2.1 million year-on-year, but the company's revenue recorded a huge growth. According to local media, Garuda Indonesia lost one…

More EU Nations Seek to Expand Aviation Taxes

The newfound attention aviation is facing around carbon emissions continues to grow. Recently, airlines have been branded as significant polluters of the world with more and more people looking for ways to penalize the activity of flyers and airlines. This…