Air Europa is advancing its 2026 expansion strategy by strengthening both its domestic Spanish network and key European routes, with new services and additional frequencies centered on its Madrid-Barajas hub.
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United Airlines has announced plans to retire 21 aircraft earlier than scheduled in early 2025 as part of a broader cost-saving strategy. This decision follows internal projections of lower-than-anticipated Q1 profitability, prompting the airline to optimize its operations and preserve cash. While specific aircraft types have not been disclosed, the move is expected to be cash-positive in the current fiscal year.
American Airlines, a leading US carrier, has unveiled plans to launch a new seasonal route connecting New York LaGuardia Airport (LGA) and Calgary International Airport (YYC). The service is scheduled to commence on June 7, 2025, and will be operated using the Boeing 737-8 aircraft.
Lulutai Airlines (Tonga) has officially submitted a request for a government subsidy aimed at accelerating its financial recovery efforts before a potential privatization. The move comes as the airline attempts to stabilize operations and repay existing liabilities, positioning itself as a more viable candidate for a private investor.
China Eastern Airlines has taken delivery of a new Airbus A320neo, bearing serial number 12721, as part of its ongoing narrowbody fleet modernization initiative. The aircraft is powered by CFM International LEAP-1A26 engines, offering enhanced fuel efficiency and reduced emissions.
The State Transport Leasing Company (STLC) of Russia reported a sharp decline in net profit for the first nine months of 2024, despite significant revenue growth. According to the company’s latest financial statement, net profit dropped by 2,750%, amounting to just $4.5 million, a steep fall from previous periods. However, revenue increased by an impressive…
