Garuda Indonesia Reports $131.2 Million Net Loss for 9M 2024 Amid Revenue Growth

ByAdmin 04/11/202406/11/2024

Garuda Indonesia has reported a net loss of $131.2 million for the first nine months of 2024, despite a 14.7% increase in revenue to $2.6 billion. The financial results highlight the ongoing challenges faced by the airline as it navigates through post-pandemic recovery and aims to stabilize its operations.

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Airlines | Embraer | Fleet | Pratt & Whitney

KLM Cityhopper Adds Embraer E195-E2 to Fleet

ByAdmin 20/11/202422/11/2024

KLM Cityhopper, the regional subsidiary of KLM Royal Dutch Airlines, has expanded its fleet with the delivery of a new Embraer E195-E2, serial number 19020156. The aircraft, leased and powered by PW1921G engines, represents the latest addition to KLM’s modern and efficient regional fleet.

Airlines | Cargo | Crisis | Governments

Rosaviatsia Suspends AirBridgeCargo’s AOC Amid Operational Pause

ByAdmin 12/11/202413/11/2024

AirBridgeCargo, a major Russian cargo airline, has had its Air Operator Certificate (AOC) suspended by Rosaviatsia, Russia’s Federal Air Transport Agency. The suspension follows a prolonged halt in operations, as AirBridgeCargo has not conducted any flights since March 2022. This development effectively grounds the airline, preventing it from resuming operations until the AOC is reinstated. The suspension reflects Rosaviatsia’s…

Airlines | Financial

Austrian Airlines Increases Adjusted EBIT by 8%, Driven by Revenue Growth

ByAdmin 29/10/202431/10/2024

Austrian Airlines has reported an 8% rise in adjusted earnings before interest and taxes (EBIT), reaching $150.2 million, for its latest financial period. This growth comes on the back of a 6% increase in total revenue, which climbed to $846 million.

Airbus | Airlines | Delivery | Fleet | Leasing

AJet Takes Delivery of Leased A320neo with PW1127G-JM Engines

ByAdmin 12/11/202414/11/2024

AJet, an airline based in Turkiye, has recently expanded its fleet with the addition of a leased Airbus A320neo. The aircraft, identified by serial number 8168, is powered by PW1127G-JM engines from Pratt & Whitney, known for their fuel efficiency and reduced emissions. This acquisition reflects AJet’s ongoing commitment to modernizing its fleet with next-generation aircraft that offer operational efficiencies…

Airbus | Airlines | Countries | Transactions

Drukair Signs Airbus Agreement for Five New Aircraft by 2030

ByAdmin 16/10/202416/10/2024

Drukair, the national airline of Bhutan, has signed a significant Purchase Agreement with Airbus for the acquisition of five new aircraft.

Airlines | Legal | Management

Azul Rejoins ABEAR After Five-Year Absence

ByAdmin 05/11/202407/11/2024

Azul, one of Brazil’s leading airlines, has rejoined the Brazilian Airline Association (ABEAR) after a five-year hiatus. Azul initially left the association amid disagreements with rival airlines, but this decision to return marks a renewed commitment to collaboration within Brazil’s aviation industry. By rejoining ABEAR, Azul signals a positive shift toward unified efforts in addressing…

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