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The report by Irelandia reveals concern over Ireland's infrastructure bottlenecks, particularly the passenger cap at Dublin Airport

Report warns of risks to Irish role in aviation sector

A new report on the aviation industry here has warned that political inertia amid growing international competition jeopardises Ireland's position as a world-leading hub in aviation.

Business • 22 May

Iran's attack on Israel by more than 300 missiles and drones has caused chaos in the aviation industry

Iran attack on Israel adds to airline woes in Middle East

Global airlines faced disruptions to flights today after Iran's missile and drone attacks on Israel further narrowed options for planes navigating between Europe and Asia.

Business • 15 Apr 24

Virgin Atlantic posted an adjusted pre-tax loss of £139m for 2023 compared to a loss of £206m the previous year

Virgin Atlantic on course to return to profitability

Richard Branson's Virgin Atlantic said today it would return to profitability this year after strong demand from holiday makers drove revenue up by £265m to a record £3.1 billion in 2023.

Business • 03 Apr 24

Datalex to report higher revenues for 2023

Airline e-commerce platform Datalex is expected to report a narrowing of losses for 2023 and higher revenues as the company benefitted from the "turnaround year" for the global aviation industry.

Business • 20 Mar 24

Dublin is home to the booming global air finance sector

Aviation leaders in Dublin under shadow of MAX crisis

The financiers behind the world's airline industry are gathering for the first time since a mid-air cabin blowout tipped Boeing into a new safety crisis, amid signs of wider disruption to the $150 billion jet industry.

Business • 29 Jan 24

4.7 billion people are expected to fly in 2024 - more than any year in history

Jet deliveries to drive airline revenue growth in 2024

The value of new aircraft deliveries globally is set to rise by over 15% to around $100 billion this year as the industry continues to bounce back from groundings of aircraft globally for long periods during the Covid pandemic, and amid unprecedented demand for flights from consumers.

Business • 26 Jan 24

GE has raised its full-year profit forecast for a third time this year

GE ups 2023 profit forecast yet again on aviation boom

General Electric has today raised its full-year profit forecast for a third time this year after quarterly earnings topped Wall Street estimates on robust demand for jet engine parts and services and a better performance in its renewable business.

Business • 24 Oct 23

The study found 63% of women have experienced or witnessed discrimination (file pic)

Women underrepresented in aviation industry - study

A new study by Dublin City University, with the support of the Irish aviation industry, has shown the sector needs to become more inclusive, with women and ethnic minorities underrepresented in numerous areas.

Business • 27 Jun 23

BA staff at London's Heathrow airport have voted to strike after the airline failed to roll back a 10% paycut imposed during the pandemic

Europe's summer travel chaos

Strikes and staff shortages are forcing airlines all over Europe to cancel thousands of flights and causing hours-long queues at major airports, dashing hopes of a sizzling first summer after Covid lockdowns.

Business • 27 Jun 22

The CSO said a total of 4.7 million passengers passed through the five main Irish airports in the first three months of this year

Q1 air passenger numbers still below 2019 levels - CSO

New figures from the Central Statistics Office show that passenger numbers at the five main Irish airports increased in the first quarter of this year but are still not back to pre-Covid 2019 levels.

Business • 16 Jun 22

Willie Walsh, CEO of the International Air Transport Association, said airports should focus on running airports

'Madness' for Shannon Airport to set up its own airline

Willie Walsh has said it would be "madness" for Shannon Airport to establish its own airline.

Business • 12 Oct 21

'Aviation is a strategically important sector for all countries' - Kieran O'Brien, KPMG

Signs of recovery in aviation industry - KPMG

There is hope on the horizon for the Irish aviation industry as the Government considers the easing of international travel restrictions for mid-July.

Business • 28 May 21

Airbus plans to expand production of jetliners as the aviation industry recovers from the Covid-19 crisis

Airbus sets higher jet output targets as recovery looms

Europe's Airbus has today set out sweeping goals to expand production of jetliners as the aviation industry recovers from the coronavirus crisis.

Business • 27 May 21

Recovery in the aviation sector is set to lag behind the rest of the economy, the Fórsa conference heard today

Government considering extended aviation wage supports

The Government is considering an extended wage support scheme specifically for aviation amid fears of further job losses in the sector, according to a senior official in the Department of Transport.

Business • 13 May 21

Aer Lingus said it needs to restore the financial health of the business after the big hit from the Covid pandemic

Aer Lingus won't get through Covid without jobs impact

Aer Lingus and British Airways-owner IAG has reported a €1.14 billion loss for the three months to end-March, as the pandemic restricted travel.

Business • 07 May 21

The National Civil Aviation Development Forum industry members warn the aviation industry will not recover if Covid-19 quarantine and travel restrictions remain in place

Aviation industry needs restrictions to end to survive

The aviation industry will not recover if Covid-19 quarantine and travel restrictions remain in place causing significant job losses and irreparable harm to the Irish economy, a new report has claimed.

Business • 15 Apr 21

IATA raised its forecast for total airline cash burn for 2021 to between $75 billion and $95 billion, up from $48 billion it had forecast in December

Outlook for airlines deteriorating in 2021 - IATA

Global airline industry body IATA has warned today that the outlook for airlines had weakened since its December forecasts.

Business • 24 Feb 21

PwC's Aviation Industry Outlook for 2021 says airlines will need ongoing access to emergency liquidity, including government support, for the foreseeable future

More airline collapses likely due to Covid crisis - PwC

A surge in merger and acquisition activity in the aviation sector are expected in the months ahead and more airline collapses are likely.

Business • 18 Jan 21

The European Cockpit Association described the aviation sector as being in a 'state of high alert' due to the resurgence of Covid-19

Pilots call for recovery plan for aviation sector

The body representing 40,000 pilots in Europe has called for a comprehensive recovery plan for the aviation sector to avoid long-term harm to hundreds of thousands of workers and their families.

Business • 09 Dec 20

Datalex says its half yearly results in line with its expectations

Datalex's half yearly revenue slumps 42% due to Covid

Travel software company Datalex has reported a 42% slump in revenues for the six month to the end of June but said its results were in line with its expectations.

Business • 27 Aug 20

The coronavirus pandemic has devastated several industries, including the aviation sector

Aviation, autos and other virus victims

Closed shops, idle production lines, grounded planes - the coronavirus pandemic has devastated several industries, not least the aviation and automobile sectors, but also retail and energy.

Business • 18 Aug 20

Heathrow Airport has warned of a game of global 'quarantine roulette'

Heathrow Airport calls for passenger testing regime

Heathrow Airport, Europe's busiest airport, has called on Britain to urgently introduce a passenger testing regime.

Business • 29 Jul 20

Aer Lingus says travel recovery slower than expected

Demand has been weaker than Aer Lingus expected five or six weeks ago amid continued coronavirus restrictions and opposition to international travel in Ireland, its chief executive Sean Doyle said.

Business • 28 Jul 20

The Irish aviation industry supports 42,000 people and recent research shows that about 30% of the workforce is female

DCU and aviation industry to focus on inclusion

DCU and the aviation industry have launched a year-long programme looking at diversity and inclusion in the sector.

Business • 22 Jan 20

During last year's election campaign, Trump pledged to cut the US business tax rate to 15% from 35%

Trump vows 'phenomenal' tax announcement

US President Donald Trump plans to announce the most ambitious tax reform plan since the Reagan era in the next few weeks, the White House said yesterday.

Business • 10 Feb 17

Aviation Industry