Business

The Great Cuban Retreat: Why European Banks Celebrate Hotel Chains' Definite Exit from the Island

Following decades of financial exposure to regulatory instability and illiquidity, Old Continent

Boeing Projects $4.9 Trillion Aviation Services Market by 2045

Boeing has issued one of the most ambitious forecasts in aviation history, projecting that the global aviation services market will reach USD 4.9 trillion by 2045.

Global Aviation Deliveries Reach Eight-Year High as Order Backlogs Hit Record Levels

The global aviation sector has entered the second half of 2026 from a position of renewed strength, with aircraft deliveries hitting their highest level since 2018.

Cuba Begins to Develop the Legal Framework to Support Economic Opening

by Lourdes Dávalos León, managing partner at Dávalos Abogados

Lufthansa Struggles with Competition, Restructuring in First Half

Speaking in Cologne on Friday, Lufthansa AG’s Chief Financial Officer Simone Menne noted a second quarter operating profit that was down 27 percent to Euro 431 million, far short of the Euro 599 million that had been projected.

Thomas Cook Returns to Black

Amadeus Reports Increase in Profits for First Half

American Airlines Pledges Not to Pull Flights to Barbados despite Merger Talks

Bahamas Defends Air Fees in Wake of U.S. Airlines' Objections

A government official in the Bahamas labeled the commercial aviation fees that took effect July 1 as "modest" and said they "do not begin to cover expenses involved in maintaining a safe aviation environment."

AA, US Airways Merger Leaps another Hurdle