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Aviation Market

Strategic Move: Riyadh Air Enters the Air Cargo Market

Riyadh Air launches cargo operations as part of a broader strategy to turn Saudi Arabia into a global aviation and logistics hub. Riyadh Cargo brand will be based on a wide-body fleet and focus on digital innovation and connectivity to key markets

Huge Merger in US Aviation: New Company Will Focus on the Leisure Flight Market

The merger of Allegiant and Sun Country Airlines, worth approximately $1.5 billion, is expected to create one of the largest leisure airlines in the US, with approximately 22 million passengers per year, a fleet of approximately 195 aircraft, and a network of 650 routes

Record Figures and 40% Market Share: Lithuania Takes Off in 2025, Leading Baltic Aviation

A new record for airports in Lithuania in the number of flights places the country at the top of the Baltic aviation market. infrastructure investments and airline expansion brought an 8.3% increase in revenues compared to 2024

Major Acquisition in European Aviation: The Unexpected Buyer of Smartwings

Turkish airline Pegasus acquires the Czech company, including part of Czech Airlines, to expand its destination network and enhance passenger experience. Israir was previously in long negotiations to acquire Smartwings. Meanwhile, the Polish LOT's acquisition attempt failed this week

"We Are Not Coming to Eliminate Israeli Aviation" Says Wizz Air Exec in Exclusive Interview

In an exclusive interview with PassportNews in Israel, Michael Delehant, Wizz Air's senior VP, explained that establishing a base in Israel is not a "fait accompli", but something that "makes sense" for the low-cost carrier

Wizz Air Expands to Yerevan with Eight New European Routes

Wizz Air has opened its 34th base in Yerevan, Armenia, boosting global connectivity and reinforcing its leading position in the aviation market

Cyprus Embraces Winter: New Routes from Larnaca by Wizz Air and Cyprus Airways

The winter season ushers in a new bloom for Larnaca Airport with new routes by Wizz Air and Cyprus Airways, consolidating Cyprus's position as a key player in the regional aviation market and broadening the range of destinations available to travelers to and from the neighboring island

Sun PhuQuoc Airways Takes Off: Ushering in a New Era of Asian Aviation

Vietnam’s booming tourism market welcomes its newest player, as Sun PhuQuoc Airways prepares for launch with an ambitious fleet plan

El Al CEO Announces Departure: Stocks Tumble

El Al Shock: CEO to Leave by 2025

Wizz Air's Triumph in the Balkans: 30 Million Passengers and Growing

Wizz Air Celebrates Milestone in Bulgaria

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