Wednesday, 30 July 2025

Business

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

AirlinesBusiness

Korean Air breaks ground on new engine maintenance cluster, aims to boost MRO capabilities

Korean Air has begun construction on a new aircraft engine maintenance cluster near Incheon International Airport, with plans to open the facility in...

Business

Rolls-Royce invests in large engine assembly and testing

Aircraft engine manufacturer Rolls-Royce has announced a significant investment in its engine assembly, test, and shop visit capacity in the UK and Germany....

Business

Collins Aerospace begins main cabin seat production at PH facility

Collins Aerospace, a unit of RTX, has delivered the first shipment of main cabin aircraft seats from its production facility in Tanauan City,...

AirportsBusiness

SMC-led consortium clinches P170.6 billion NAIA rehabilitation bid

San Miguel Corporation (SMC), a major Philippine conglomerate, has led a consortium to victory in the P170.6 billion bidding process to rehabilitate and...

AirlinesBusiness

AirAsia strengthens leadership team; Capital A announces strategic aviation business disposal

AirAsia Aviation Group (AAG) is gearing up for a new era of growth with strategic leadership appointments and an ambitious fleet restoration plan....

Business

First Aviation Academy acquires PAL Aviation School assets

In an unprecedented yet practical move, First Aviation Academy, Inc. (FAAi) acquired various training assets from the Philippine Airlines Aviation School (PALAV), according...

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