industry economics hub
Korean Air has announced the launch of non-stop services between Seoul Incheon International Airport and Melbourne Airport, operating three times a week from December 18, 2026, through March 14, 2027.
Aviation industry veteran Steven Greenway will take over as Chief Executive Officer of Alliance Airlines starting October 1, 2026.
Aviation manufacturer Pilatus has opened a new composite manufacturing center in Switzerland, bringing together its development and production operations under one roof.
Avolon and Akasa Air have agreed on a sale-leaseback transaction for seven Boeing 737-8200 aircraft, allowing the Indian carrier to optimize its financial resources while maintaining operations. This deal strengthens their existing partnership and supports Akasa Air's growth in India's competitive low-cost aviation market.