Spanish petrochemical company Repsol has confirmed that it will hold off producing larger quantities of sustainable aviation fuel (SAF) at its Cartagena plant until 2025, when the EU mandatory regulation will kick in. Highlighting that the SAF production is always going to depend on the submarket, Repsol CEO Josu Jon Imaz detailed that as “today

Icelandic airline PLAY has reported its first quarter 2024 results, highlighting that its earnings were ‘heavily impacted by a drop in demand following the inaccurate global news coverage on seismic activity in the Reykjanes Peninsula in Q4 2023’. Its earnings before income and taxes were -$20.4 million. However, PLAY reported a significant revenue increase of

Capital A and the AirAsia Group, a newly incorporated entity, has signed an agreement for ‘Capital A’s strategic divestment and AirAsia Group’s strategic acquisition of its aviation businesses’. This milestone agreement is ‘expected to catalyse AirAsia to its next growth phase to become the world’s first low-cost network carrier’, conglomerating existing airline subsidiaries into one

Maldivian airline Beond Airlines will launch its Zurich-Dubai route after it received approval for its fifth freedom flight, granting an airline the ability to carry customers between two countries outside its home country. “Connecting Zurich with Dubai is a natural extension of our business model, as customers have expressed interest in this service,” said Beond

Low-cost carrier Ryanair has again called for change after the low-cost carrier was forced to cancel over 300 flights due to the impact of French air traffic control strikes, with traffic overflying the country adversely affected by the action. Despite having reached a last-minute agreement with unions (following 15 months of negotiations) to call off