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Avolon said deliveries would take place from 2026 to 2028.

Avolon signs MoU for 20 Airbus A330neo jets

Aircraft leasing company Avolon has signed a memorandum of understanding (MoU) to order 20 Airbus A330neo aircraft, the companies said at the Paris Airshow today

Business • 21 Jun 23

US Secretary of State Antony Blinken and China's Foreign Minister Qin Gang

China to work with US to increase passenger flights

China is willing to work with the United States to increase passenger flights between them in a "flexible and pragmatic manner", the foreign ministry said today.

Business • 20 Jun 23

The aircraft will be delivered between 2030 and 2035.

Airbus wins historic 500-plane IndiGo order

Europe's Airbus announced a record order from Indian budget carrier IndiGo for 500 jets on the opening day of the Paris Airshow.

Business • 19 Jun 23

Airbus also sharply revised up its forecast for the number of old aircraft to be replaced in the coming two decades

Airbus raises 20-year delivery forecast

Europe's Airbus has raised its 20-year forecast for new airplane deliveries, but tempered its predictions for growth in the global airline fleet as carriers focus on replacing more older jets.

Business • 14 Jun 23

The company now estimates that its comparable operating profit this year will reach or even exceed 2019's pre-pandemic level of 162.8 million euros, it said.

Finnair raises full-year guidance for operating result

Finnair has raised its full-year 2023 operating profit target and said it expects travel demand to exceed expectations, sending its shares up 3%.

Business • 13 Jun 23

KLM, which says it has discontinued the "Fly Responsibly" campaign that was the initial target of the Fossil Free suit, said it looks forward to arguing its case in full.

'Greenwashing' lawsuit against KLM to proceed

A Dutch court has allowed a civil suit by environmental groups against KLM to proceed to the next phase for commercials that allegedly misled consumers about the airline's environmental credentials.

Business • 07 Jun 23

Aer Lingus First Officer Ava Cregan and Aer Lingus CEO Lynne Embleton with Ground Staff Dejan Cvisic and Danielle Itodo at the launch of the new route to Cleveland

More accommodation needed for tourism demand, body says

Tourism Ireland has said more hotel accommodation will be needed in Ireland to keep up with the demand from the US.

Business • 20 May 23

Trevor Jacob bailed out of a solo flight over the Los Padres mountains in California in 2021 (Pic: Trevor Jacob/YouTube)

YouTuber admits to staging plane crash to boost views

A YouTuber pilot, who bailed out midair and deliberately sent his plane crashing into the ground to bolster viewing numbers on his channel, could be jailed for up to 20 years, US authorities have said.

US • 12 May 23

Aviation was the sub-sector worst impacted by Covid, and the last to recover, but has now almost fully rebounded to pre-Covid levels

Annual energy emissions down by 1.9% in 2022 - SEAI

The Sustainable Energy Authority of Ireland (SEAI) said it saw significant increases in demand for road diesel, motor petrol and jet fuel in 2022 as the Covid travel restrictions were lifted.

Business • 02 May 23

Higher fares amid rising global travel have so far helped the airlines industry mitigate rising costs

American Airlines signals profit hit from rising costs

American Airlines Group has forecast first-quarter profit below market expectations, joining bigger rival United Airlines to signal a hit from persistently high labor and fuel costs.

Business • 12 Apr 23

France's strikes alone have caused thousands of hours of delays for airlines so far - sometimes triggering 70,000 minutes of delays in one day

Easter travel warnings pile pressure on Europe airlines

European aviation is gearing up for Easter travel disruptions marked by strikes and cancellations, in a major test of the industry's ability to prevent a repeat of last year's summer holiday season chaos.

Business • 06 Apr 23

Jack Shields from Shannon Airport's Security Screening Unit, Shannon Airport Duty Free's Connie Corry and Magdalena Gawron from Shannon Airport's Security Screening Unit.

Shannon Airport set to welcome 30,000 over bank holiday

30,000 people are set to travel through Shannon Airport over the St Patrick's Day period, up 24% on last year.

Business • 10 Mar 23

Spirit shares were up about 1.8% on Tuesday after dipping the previous day on expectations of a lawsuit. JetBlue shares were little changed.

US sues to stop JetBlue's deal for Spirit

The US Justice Department filed a lawsuit today to stop JetBlue Airways Corp from buying Spirit Airlines Inc, saying the planned $3.8 billion merger "would put travel out of reach for many cost-conscious travelers."

Business • 07 Mar 23

The airline is inviting applicants to attend one of their open days

Emirates looking for cabin crew members across Ireland

Emirates is looking for people across Ireland to join its cabin crew team.

Business • 02 Mar 23

The US planemaker said it is conducting additional analysis on a fuselage component

Boeing shares fall after new Dreamliner delivery halt

Boeing shares fell 3.2% in premarket trading on today after the US planemaker temporarily halted deliveries of its 787 Dreamliner jets over a documentation issue related to a fuselage component.

Business • 24 Feb 23

But profits are still down on the €276 million recorded in 2019

Aer Lingus records operating profit of €45m in 2022

Aer Lingus recorded an operating profit before exceptional items of €45 million for 2022, following two years of significant losses.

Business • 24 Feb 23

Air France-KLM reported its highest fourth-quarter revenue at €7.1 billion, up almost 50% year-on-year

Air France-KLM reports better than expected Q4

Air France-KLM said today that its 2023 bookings were almost back to pre-pandemic levels as it reported a better-than expected fourth-quarter operating profit with global travel demand seeing a rebound.

Business • 17 Feb 23

The company said the problem was caused by damage to several of Deutsche Telekom's glass-fibre cables during construction work in Frankfurt

Lufthansa IT fault strands thousands of passengers

Thousands of passengers worldwide were stranded after an IT fault at Germany's flagship carrier Lufthansa caused flight delays and disruption at airlines across the group.

Business • 15 Feb 23

The aircraft are scheduled to deliver in 2024 through 2025.

AerCap signs lease agreements with Fly Meta

AerCap Holdings has signed lease agreements for four Boeing 777-300ERSF aircraft with Hong Kong based global air cargo charter company, Fly Meta.

Business • 31 Jan 23

2023 travel trends: Cruises, safaris and budget trips

From cruising around the Mediterranean, to backpacking across South America, international travel is set to return full force this year.

Business • 27 Jan 23

EasyJet has reported a headline loss before tax of £133m for the quarter to the end of December

EasyJet sees return to profit, strong bookings for 2023

EasyJet said it expected to beat current market expectations for 2023 based on the strength of bookings into summer and was set to deliver a full-year profit.

Business • 25 Jan 23

The CEO of the Shannon Airport Group said the recovery has exceeded expectations.

Passenger numbers at Shannon Airport up 300% on 2021

Shannon Airport welcomed over 1.5 million passengers last year, up over 300% on 2021, and an 88% recovery on 2019 passenger levels.

Business • 23 Jan 23

With aviation once again on an upward trajectory, the expectation is that emissions will only continue to increase fast (Stock image)

Sustainability a massive challenge for aviation sector

Aviation has faced down the threats caused by the pandemic and the shocks arising from the Ukraine war. But it now faces an even greater challenge of making itself sustainable, writes Business Editor Will Goodbody.

Analysis and Comment • 21 Jan 23

Ryanair Chief Financial Officer Neil Sorahan

Ryanair more confident about Boeing summer deliveries

Ryanair is increasingly confident that it will get almost all of the Boeing 737 MAX aircraft it is due to receive in time for its peak summer season, Chief Financial Officer Neil Sorahan said today.

Business • 18 Jan 23

Kenny Jacobs started in his new role as daa chief executive last week

New daa boss calls for passenger charges system reset

The new chief executive of Dublin and Cork airport operator, daa, will call for a reset of the system of regulation of passenger charges, when he appears before an Oireachtas committee tomorrow.

Business • 17 Jan 23