Icelandair has reported a net profit of $13 million for the second quarter of 2025, marking a solid financial rebound supported by rising travel demand and improved operational efficiency. The airline also saw a 13% increase in quarterly revenue, reaching $463 million, compared to the same period in the previous year.
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China Eastern Airlines has reported a net loss of US$137 million for the first quarter of 2025, even as revenues experienced a 0.7% year-over-year increase, reaching US$4.5 billion. This performance highlights persistent operational and market pressures facing one of China’s major state-owned carriers.
Norse Atlantic, a long-haul low-cost carrier based in Norway, reported a net loss of $14.9 million for the first quarter of 2025, with revenue reaching $125.3 million. The results reflect seasonal demand fluctuations and continued cost pressures impacting transatlantic operations.
Akasa Air (India) has outlined ambitious growth plans that include expanding its fleet to a total of 30 aircraft by July 2025. The airline is also setting up two new strategic operational hubs at Navi Mumbai International Airport and Jewar Airport (Noida International Airport), where it intends to base 5 to 7 aircraft each by the end of the year.
Royal Jordanian Airlines is preparing to take delivery of a new Airbus A320neo, part of the carrier’s ongoing fleet modernization program. The aircraft, bearing Manufacturer Serial Number (MSN) 12292, is an A320-271N model powered by two Pratt & Whitney PW1127G-JM engines, known for their exceptional fuel efficiency and lower emissions.
Amazon is preparing to receive its tenth and final Airbus A330-300P2F, further expanding its dedicated air cargo fleet. The aircraft, bearing serial number 1205, has been leased from Altavair, a prominent US-based lessor specializing in freighter conversions and aircraft portfolio management.
airBaltic (Latvia) has announced the successful completion of the Baltic Cargo Hub, marking a significant milestone in the region’s air freight industry. The new facility is now the largest dedicated air cargo handling hub in the Baltics, designed to enhance cargo capacity, efficiency, and operational flexibility for airBaltic and its logistics partners.
