Air Arabia has announced record-breaking financial and operational results for the third quarter and first nine months of 2025, reaffirming its leadership as the Middle East and North Africa’s largest low-cost carrier. The airline achieved an exceptional net profit of AED 656 million in Q3, a 16% year-on-year increase, alongside revenues of AED 2.04 billion, up 14%. These results highlight strong passenger demand,…
American Airlines (US) has been found to have violated federal law by allocating employee retirement funds to investment companies that offer Environmental, Social, and Governance (ESG) products, according to a recent court ruling. The decision marks a significant victory for critics of ESG-focused investment strategies, who argue that such practices prioritize progressive ideologies over financial returns.
LATAM Airlines Group, based in Chile, has signed its first-ever Sustainability-Linked Loan (SLL), securing financing of $300 million. The agreement was signed with Crédit Agricole CIB and BNP Paribas, both headquartered in France. This milestone marks a significant step in LATAM’s commitment to achieving its environmental, social, and governance (ESG) objectives.
