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Investment

Low-Cost Giant Storms Budapest: 8 New Routes, 12 Aircraft and an Investment of $1.2B

Ryanair unveiled its big winter plan in the Hungarian capital: 54 routes, an additional aircraft to be stationed at the airport and an expectation of 6 million passengers a year

Ahead of 2027 Launch: Iberia Brings Japanese Investor Into New Aircraft Engine Business

Japan's ITOCHU will acquire a minority stake in IAG Engine Tech, the new engine maintenance business backed by Iberia and International Airlines Group

On International Air Traffic Controller's Day: IFATCA Marks 65th Anniversary With Call to Support

On International Air Traffic Controller's Day: IFATCA celebrates its 65th anniversary, calling for greater investment in air traffic controller recruitment, training and retention

Low-Cost Veteran Opens New Base: 17 Routes, 600,000 Seats and Flights from €29.99

Ryanair’s expanded Rimini schedule will add flights to Dublin, Memmingen, Stockholm, Tirana and Warsaw, with 114 weekly flights planned for summer 2027

Giant Deal to Sell easyJet for $7.5 Billion Goes Up a Notch. What Will Happen to the Brand?

US investment fund Apollo is moving forward with its acquisition of British airline easyJet, after the official deal document was published

Major Victory: Lufthansa Group Beats Air France-KLM in Race for TAP

Lufthansa Group has been selected in Portugal’s TAP Air privatization process, with a proposed investment of up to €1.2 billion for a minority stake

Biggest Investment in 30 Years: New Dishes, Luxury Champagne and a Surprise Upgrade on the American Airline's Flights

American airline Delta is unveiling the most comprehensive change to its premium product in nearly 30 years. The upgrade will begin this fall on flights from Los Angeles

Big Money: Malta Tourism Boom Attracts $2 Billion Investment Commitment

WTTC members announced a collective commitment of $2 billion in new investment in Malta during the organization's Global Summit in Valletta

Sea, Air, Land and Space: European Billionaire's Empire Storms New Destination

From music and aviation to cruise ships, luxury hotels, technology investments and high-speed rail: British billionaire Richard Branson's Virgin Group is expanding

The Danger in the Sky: 3 European Airports Prepare Investment Millions in Security

Lithuania is strengthening the security system at three of its international airports. The country has already invested €22 million in physical security, screening, and drone detectors

Big Money: Malta Tourism Boom Attracts $2 Billion Investment Commitment

WTTC members announced a collective commitment of $2 billion in new investment in Malta during the organization's Global Summit in Valletta

The Danger in the Sky: 3 European Airports Prepare Investment Millions in Security

Lithuania is strengthening the security system at three of its international airports. The country has already invested €22 million in physical security, screening, and drone detectors

On the Way to 30 Million Passengers a Year: Huge Investment for British Airport

Birmingham Airport's new masterplan includes terminal expansion, baggage upgrades and improved access roads. The development is expected to create more than 50,000 jobs

European Airport Exceeds Planned Capacity: Huge €66.6M Investment Underway

Tallinn Airport has signed a contract to significantly expand its passenger terminal, originally built for 2.8 million passengers per year and already serving almost 3.8 million

Largest Investment in Its History: Busy UK Airport to Inject £500M in Terminal, Gates, and Passenger Facilities

Edinburgh Airport has unveiled a £500 million investment program that will expand its terminal, add gates and stands, and upgrade passenger facilities

Ahead of Labor Day Weekend with 17M Expected Travelers: US Invests $481M in Airport Upgrades

The Federal Aviation Administration is awarding $481 million in grants to 191 airports across 36 states and two territories for infrastructure and safety improvements ahead of Labor Day

€6B Investment: France and Saudi Arabia to Build a Huge Tourist Entertainment Center Near Paris

Saudi company Qiddiya plans to build a huge complex in Cergy-Pontoise with up to three major entertainment centers, hotels, attractions, culture and sports

$615 Million Boost: US Airports Prepare for 238 Upgrade Projects

The US will invest $615 million in airport upgrades across 42 states and two territories, funding runways, terminals, safety projects and passenger facilities

"Modern Skies": New Website That Reveals the Largest Project in American Aviation

The US Federal Aviation Administration is launching a new public platform that reveals the behind-the-scenes of the largest aviation project in the US, with more than 10,000 upgrade jobs and a $12.5 billion investment

$16M Investment, 1,000 Simultaneous Passengers and Ethiopian Coffee: Africa's New Business Lounge

Ethiopian Airlines has inaugurated a new 5,500-square-meter lounge at its home port in Addis Ababa, showing "unwavering commitment to deliver an end-to-end, world-class hospitality". The company is also running a year-end sale to a variety of global destinations

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