Air Arabia Abu Dhabi, the UAE capital’s first low-cost carrier, has commenced direct nonstop flights between Abu Dhabi and Damascus, further expanding its regional footprint and reaffirming its commitment to affordable and accessible air travel across the Middle East.
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Air Austral has reported a 1.6% increase in revenue to $514 million for the fiscal year 2024–25, which ended on 31 March 2025, marking a modest improvement in its top-line performance. However, despite the revenue growth, the airline ended the year with a net deficit just under $12.6 million, continuing its struggle to reach financial stability.
Aeroflot Group (Russia) has announced a net profit of $618 million for the 2024 financial year, with total revenue reaching $9.6 billion. The results highlight Aeroflot’s strong financial rebound, driven by revenue growth, fleet optimization, and sustained passenger demand.
China Southern Airlines has announced the cancellation of its flights between Moscow and Beijing. This suspension will be in effect from 20 January 2025 until 30 March 2025.
Southwest Airlines has reported a net loss of $149 million for the first quarter of 2025, reflecting the challenges of cost escalation and flat yield growth despite an uptick in operational revenue. The airline’s operating revenues rose 1.6% year-on-year to $6.4 billion, while it maintained a liquidity reserve of $9.3 billion, underscoring its financial stability in the face of earnings…
Avolon, one of the world’s leading aircraft lessors based in Ireland, has released its operational results for the second quarter of 2025, highlighting dynamic portfolio activity and a growing footprint. During the quarter, Avolon acquired 15 aircraft, sold 20 aircraft, and placed 26 aircraft from its orderbook, showcasing its active asset management strategy and strong demand for its fleet offerings.
Air Incheon (South Korea) has submitted an application to the US Department of Transportation (DOT) seeking a foreign air carrier permit and an exemption. The approval would authorize Air Incheon to conduct both scheduled and on-demand charter foreign air transportation between South Korea and the United States.
