ch-aviation
EFCC alleges Arik Air redirected funds to UmzaXpress insurance, Lagos court hears
By ch-aviation: Investigations by Nigeria's Economic and Financial Crimes Commission (EFCC) into alleged fraud at Arik Air (W3, Lagos) has revealed that the airline's funds were...
AINonline
• Charlotte Bailey
Altour Survey: Business Travel Recovery Driving Growth in Private Aviation
By AINonline: Altour survey highlights normalizing demand and stability within sector.
Runway Girl
• Becca Alkema
Airbus Blames Pratt & Whitney GTF Delays for Reduced A320 Production Target; Flags Slow SAF Progress
By Runway Girl: Airbus’ frustration with Pratt & Whitney was palpable during its full-year earnings presentation earlier this month, with the European airframer directly blaming its reduced A320 production rate target on GTF engine delivery delays.
Air Data News
• Ricardo Meier
Avelo postpones Embraer E195-E2 deliveries to 2028
By Air Data News: Avelo Airlines has delayed the delivery of its 50 Embraer E195-E2 jets until 2028, according to a company spokesperson speaking to NBC Connecticut. The.
Reuters
• Joanna Plucinska, Raechel Job, Raechel Thankam Job
IAG beats profit estimates as premium demand and lower fuel costs lift results
By Reuters: British Airways owner IAG reported better-than-expected annual profit on Friday, helped by lower fuel costs and demand strength on core transatlantic routes and in premium cabins.
CNBC
• Lisa Kailai Han
TD Cowen Bullish on Southwest, Sees ~30% Upside as Passenger Demand Strengthens
By CNBC: TD Cowen sees shares of Dallas-based Southwest rallying 30% from current levels.
AINonline
• Charlotte Bailey
Molicel Batteries Will Power Vaeridion's Electric Microliner Aircraft
By AINonline: European start-up is aiming to start test flights in 2027.
