Aegean Airlines is preparing for the arrival of a new Airbus A321neo, signaling the next step in its ongoing fleet modernization.
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Garuda Indonesia is set to receive a substantial $405 million shareholder loan from Danantara Asset Management, Indonesia’s sovereign wealth fund, in a significant move aimed at bolstering the national carrier’s financial stability and operational recovery. This funding is part of a wider $1 billion support package intended to ensure the airline’s long-term viability.
Thai Lion Air has taken delivery of a Boeing B737-900ER, identified by serial number 41712. The aircraft, acquired on lease and powered by CFM56-7B26E engines, enhances the airline’s capacity for medium-haul operations.
Air France-KLM, the Franco-Dutch airline group, reported a 6.4% increase in fourth-quarter (4Q) 2024 revenues, reaching US$8.4 billion. Despite this revenue growth, the group recorded a net loss of US$22.4 million for the quarter. For the full year 2024, Air France-KLM achieved a 4.8% rise in revenues, totaling US$33.7 billion, with a net income of US$523.5 million. As of December 31, 2024, the group’s cash position stood at US$10…
China United Airlines has announced plans to launch a new route connecting Beijing Daxing International Airport to Osaka Kansai International Airport starting March 30, 2025. The service will be operated using the airline’s Boeing 737-800 aircraft, enhancing connectivity between China and Japan.
IndiGo, India’s largest airline, has reported an 18.6% decline in profit for the third quarter of 2024, with net earnings falling to $283 million. The profit decrease was largely attributed to ballooning foreign exchange losses, which significantly impacted the airline’s financial performance during the quarter ending December 31, 2024.
Jackson Square Aviation (JSA) has made a major move in the aviation leasing market by placing its first-ever direct order with Airbus for 50 A320neo Family aircraft. This landmark deal strengthens JSA’s position in the commercial aircraft leasing sector, expanding its portfolio with one of the most in-demand fuel-efficient aircraft in the industry.
