Business

The Business section covers the financial heartbeat of aviation, with updates on airline profitability, mergers, investments, and the economic factors shaping the industry.

Business

Aplus launches base maintenance operations with new Clark hangar

Aviation Partnership Philippines officially opened its new Clark hangar facility, expanding the company's operations to include base maintenance services alongside its existing line...

Business

Avion Express launches Philippine subsidiary, plans to deploy 15 aircraft by 2028

In an exclusive interview with AviationUpdatesPH.com, Avion Express Philippines CEO Rene Philip Banzon revealed that the subsidiary of world’s largest ACMI provider Avia...

Business

Lufthansa Technik Philippines opens new line maintenance station in General Santos

Lufthansa Technik Philippines (LTP) has officially launched operations at its new line maintenance station at General Santos International Airport after receiving regulatory approval...

Business

Global air passenger demand soars to double-digit growth in January 2025

Global air passenger demand showed remarkable momentum in January 2025, accelerating to 10% year-on-year growth and returning to double-digit expansion after seven months...

Business

Capital A reports RM2.01 billion net profit for 3Q 2024

Capital A Berhad reported robust financial results for the third quarter of 2024, posting a net profit of RM2.01 billion driven by significant...

Business

Asia Digital Engineering opens Malaysia’s largest aircraft maintenance hangar

Asia Digital Engineering (ADE), the maintenance arm of Capital A, has unveiled a new 14-line aircraft maintenance hangar in Sepang, Malaysia. The facility,...

Business

AeroConnections partners with PT NTP for engine MRO services

AeroConnections, a United Arab Emirates-based aviation aftermarket solutions provider, has signed a representation agreement with PT Nusantara Turbin dan Propulsi (PT NTP), an...

Business

Aviation Summit to focus on investment, skills and sustainability in Philippine sector

The European Chamber of Commerce of the Philippines (ECCP) and the Asian Business Aviation Association (AsBAA) are set to host the 2024 Aviation...

AirlinesBusiness

Capital A divests airline business to AirAsia Group in landmark deal

Capital A Berhad (Capital A) and the newly formed AirAsia Group Sdn Bhd have signed a conditional sale and purchase agreement for Capital...

AirlinesBusiness

Cebu Pacific to lease four new Airbus A330neos

Cebu Pacific has entered into a sale and leaseback agreement with Dublin, Ireland-based Avolon for four new Airbus A330neo aircraft. According to Avolon,...

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