Budget carrier 'Wizz 'Air' reported a yearly operating profit that was above analyst expectations on Thursday. A capacity bump and better cost control supported revenue growth, even though the Middle East conflict is disrupting the airline industry. Wizz Air has cut costs, increased promotions and boosted costs after the U.S. - Israel war on Iran caused a 'profit warning' due to higher fuel costs. According to LSEG, the company reported an operating profit of EUR139.7 ($161.3) million for the 'year ended March 31, compared with analysts expectations?of EUR88.51 millions. The 'carrier' did not give a fiscal forecast for 2027, citing...

According to a source familiar with the matter, Indian investigators will delay issuing the final report on the deadly Air India Boeing 787 accident until the anniversary of the crash, which falls on Friday. They will do this because they need to finish an analysis 'of the planes engines. According to an early report by U.S. officials last year, a?cockpit recorder of the dialogue between the pilots confirmed the belief that the captain had cut off the fuel flow to the plane's engine. Indian investigators at the time said it was "too soon to draw any conclusions." Here are two...

Indian investigators will delay the release of their final report on the deadly Air India Boeing crash until the anniversary of the accident, which is Friday. They are citing a need to finish an analysis of the plane's engines. Since the June 12 crash, 2025 which was the deadliest aviation disaster of the decade in the world, the airline has been under intense scrutiny. The airline's history is rich and varied. FOUNDED 1932 Air India was founded by JRD Tata, an entrepreneur in 1932. The Indian government took over the company in 1953. Years of mismanagement by the Indian government...

According to a source familiar with the situation, Indian investigators will delay the release of a final report on the deadly Air India Boeing crash until Friday's one-year anniversary. They say they need to complete the analysis of the planes engines. According to an early assessment by U.S. officials, reported in? Last year, a U.S. official's early assessment reported by? Indian investigators at the time said it was "too early" to reach any conclusions. The father of Captain asked India's highest court to order a independent investigation which took into consideration other causes than deliberate pilot actions, as has been...

According to a source familiar with the matter, Indian investigators will delay the release of their final report on the 'deadly Air India Boeing 787-8 crash until the anniversary of the accident, which is Friday. They are citing the need for a complete analysis of the engines of the aircraft. The sequence of events on June 12th, 2025 as described by Indian investigators' preliminary report published on July 12, last year. Air India Dreamliner VTANB landed at Ahmedabad as AI423 at 05:47 GMT. 07:48 GMT - An aircraft was spotted departing Bay 34 of the airport. The aircraft was cleared...

Bloomberg News reported that investigators would miss the deadline of Friday to?explain? why an Air India plane crashed. This is because the engines of the Boeing 787 aircraft still need to be examined in the U.S. The report cited people who were familiar with the situation as saying that the Aircraft Accident Investigation Bureau of India (AAIB), will likely release a status update this week focusing on the reasons for the delay. Air India 787, headed for London on June 12, 2025 crashed shortly after takeoff in Ahmedabad.?260 people were killed in the deadliest air disaster of the decade. Bloomberg...

Saudi Arabia's Riyadh Air, a new airline in Saudi Arabia, launched its first London flight on Wednesday using its new Boeing fleet. CEO Tony Douglas played down the impact of Iran conflict saying that the startup would benefit if travellers avoided other parts of Gulf. As the aviation industry struggles to cope with the impact of war in the Middle East, and rising jet fuel prices, the state-backed carrier has launched its first service from London Heathrow using one of its Boeing 787 Dreamliners. Douglas claimed that Riyadh Air’s smaller fleet offered some protection from the crisis. Douglas said, "I...

Senior officials from the fuel producers and airport operators in Italy said that the refineries had increased jet fuel production this year to reduce the risk of a shortage for the airline industry due to the 'Iran War. The Strait of Hormuz closure has caused global jet fuel supplies to be disrupted, which has led to higher prices and forced suppliers of cargoes to reroute their shipments. According to the head of fuel producers' union UNEM, Italy imported 50% of its?5million tons of jet fuel annually. By 2026, it will increase domestic production to 70% to meet demand. UNEM President...

The ILA airshow in Germany opened on Wednesday, under the shadow of the?Iran war and the failure of a flagship Franco German fighter?jet program this week. Berlin's event, which dates from 1909, showcases a large part of Europe's defense industry as companies present new technologies to governments and military purchasers. The article also highlights European manufacturers' efforts to close the gap between them and their U.S. competitors, as well as persuading governments to support them at a time when the region is ramping up its defence spending. The build-up was dominated, however, by the cancellation of the Franco-German Future Combat...

Middle East airlines are slowly resuming some flights as they rebuild their schedules following the war's disruption. However, the conflict is still disrupting wider traffic flows. Middle-East airlines have increased capacity following the severe disruption caused by the Iran War, but many carriers outside of the Gulf are still diverting Europe to Asia flights. The latest flight information is listed below alphabetically: AEGEAN AIRLINES Greece's biggest carrier has cancelled flights from Thessaloniki, Greece to Tel Aviv. Flights to Dubai have been cancelled until August 31 and flights to Erbil?and?Baghdad?until July 2. AIRBALTIC AirBaltic, a Latvian airline, has cancelled all flights...

Airbus has been looking at Saab, a Swedish company as its preferred future partner. This is because the failure of the Franco-German fighter program has reshaped European defense alliances. Airbus, the company that represents Germany and Spain on the 'fighter market', has other options besides collaborating with the manufacturer of Gripen combat aircraft. High-level contacts have been made on a separate project that involves Britain, Italy and Japan. Airbus and Saab are in exploratory discussions with each other since at least six months, boosted by the improved defence relations between Germany, Sweden and Germany, according to sources. Saab stated that...

On Wednesday, protesters blocking roads to 'Berlin’s ILA airshow and shouting slogans like "Free Palestine" forced many delegates to walk. Witnesses reported that dozens of police officers were on the scene. A couple of them were seen carrying away a protester. Buses couldn't reach the venue and hundreds of people had to walk to the event. This year, the ILA airshow, which dates back to 1909, will host 750 exhibitors from 37 countries. The build-up to the show saw the cancellation of a Franco-German flagship fighter jet project, which 'became bogged-down in industrial rivalries. This underlined 'the struggles Europe has...