Air New Zealand has reported a pre-tax loss of $336 million for the 2026 financial year, reversing the prior year’s positive earnings and signaling ongoing challenges for the flag carrier.
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American Airlines has expanded its narrowbody fleet with the delivery of a Boeing 737-8, serial number 44514, continuing its modernization strategy focused on fuel-efficient aircraft. The aircraft is equipped with LEAP-1B25 engines, developed by CFM International, delivering improved performance, fuel economy, and environmental benefits.
Ethiopian Airlines Orders Nine Boeing 787 Dreamliners as Africa’s largest carrier continues to expand its long-haul network and modernize its fleet with next-generation widebody aircraft.
Vietjet (Vietnam) has successfully issued seven bonds in 2024, amounting to a total face value of $433 million. Each bond carries a 60-month term and offers an 11% annual interest rate, reflecting the company’s strategic move to bolster its financial foundation and support future growth initiatives.
SpiceJet, the prominent low-cost airline based in India, has been ordered to pay $3.7 million, along with applicable interest, to Aerocare Aviation Services following an eight-year legal dispute. The ruling brings closure to a prolonged financial disagreement between the two parties and underscores the importance of clear contractual and service agreements within the aviation sector.
Air India Express is set to transition to an all-economy class configuration by April 2026. This strategic move aims to streamline operations and focus exclusively on the budget-travel sector, responding to increasing demand for economical travel solutions. The decision involves removing all business and premium economy seating from its aircraft, maximizing capacity and simplifying the…
Condor, the German leisure airline, has expanded its fleet with the addition of a new Airbus A320neo, bearing serial number 12303. This aircraft is equipped with Pratt & Whitney PW1127G-JM engines, known for their fuel efficiency and reduced emissions.
