The Fraport global airport company achieved growth in all major key financial indicators during the first half of 2023 (ending June 30). The increase was supported by higher passenger volumes across the Group’s airports. Group revenue rose by 33.8 percent year-on-year to €1,804.3 million in t...

Swissport has received a binding commitment from an ad hoc group of senior secured creditors (the “AHG”), subject to final documentation, for the provision of an interim super senior facility of 300 million euros, which delivers immediate liquidity for Swissport to trade through the COVID-19 mar...

Heathrow airport has accused the UK government of “playing a game of quarantine roulette” due to there not being an operational testing system, as the airport reported a record loss. Heathrow CEO John Holland-Kaye said: “Today’s results should serve as a clarion call for the Government �...

Air Canada today reported first quarter 2020 EBITDA (earnings before interest, taxes, depreciation and amortization) of $71 million compared to first quarter 2019 EBITDA of $583 million  The airline reported an operating loss of $433 million compared to operating income of $127 million in the firs...

Woodward, Inc. and Hexcel Corporation today announced a definitive agreement to combine in an all-stock merger of equals to create a premier integrated systems provider serving the aerospace and industrial sectors. The combined company will focus on technology-rich innovations to deliver smarter, ...