Air Canada is set to transform transcontinental and transoceanic travel in Summer 2027 with its most ambitious global network expansion yet, unveiling five new international destinations and several major route upgrades.
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In a move to bolster its regional fleet capabilities, QantasLink, the regional airline subsidiary of Australia’s flagship carrier Qantas, has taken delivery of a new Airbus A220-300. This aircraft, bearing the serial number 55340, represents a strategic enhancement of QantasLink’s service offerings across its domestic network.
Air Lease has announced the successful lease and delivery of two additional Airbus A321-200neo aircraft to China Airlines, further expanding the Taiwanese flag carrier’s modern narrowbody fleet. The two aircraft, delivered on August 16 and August 20, represent the seventh and eighth A321neos provided to China Airlines under long-term lease agreements from Air Lease’s extensive Airbus orderbook.
WestJet experienced a landing incident involving one of its Boeing 737-800 aircraft operating flight WS2276 from Toronto Pearson (YYZ) to Princess Juliana International Airport (SXM) in Sint Maarten. The aircraft landed at 13:31 local time and sustained damage during contact with the runway.
KM Malta Airlines has announced plans to increase its capital to $390 million as part of a strategy to prepare for part-privatization over the next two years. The capital injection is intended to strengthen the airline’s financial position, making it more attractive to potential investors. The Maltese government, which is facilitating this transition, has expressed…
Turkish Airlines, Turkey’s national carrier, has announced its financial results for 2024, reporting revenue of $22.5 billion and a net profit of $3.4 billion, marking a 17% increase compared to the previous year. The airline’s cash and cash equivalents reached $1.87 billion, underscoring its robust liquidity and financial stability.
Grupo Viva Aerobus, the Mexican low-cost carrier, has reported a difficult first quarter for 2025 with total operating revenues down 20.7% to $491 million, accompanied by a net loss of $42 million. Despite the downturn, the airline maintains a strong cash and cash equivalents position of $780 million, which provides a cushion for near-term operations.
