Qatar Airways is finalizing preparations to expand its long-haul fleet with the imminent delivery of a new Boeing 787-9, registered as A7-BIC and carrying manufacturer serial number 64238.
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Air New Zealand has projected its earnings before taxation for fiscal year 2025 to fall within the range of $88 million to $112 million, a forecast that includes $20–24 million in expected compensation for aircraft that have been grounded. The airline disclosed that 11 aircraft remain grounded, primarily due to global supply chain challenges and delays in maintenance cycles.
TAP SGPS, the state-owned holding company of Portugal’s national airline TAP Air Portugal, has officially defaulted on a bond loan agreement with Azul Linhas Aéreas Brasileiras, the Brazilian airline that has long held a financial stake in TAP. The default was formally recognized during a meeting of debenture holders, convened at the request of Azul and its legal representatives,…
Lufthansa is preparing for a leadership transition at the top of its Supervisory Board. Ahead of tomorrow’s board meeting, Johannes Teyssen was formally presented as the designated successor to Karl-Ludwig Kley, who will step down next year after more than a decade of service.
Vietnam Airlines, the national flag carrier of Vietnam, has signed a memorandum of understanding (MOU) with ING, a Netherlands-based global financial institution, to secure funding of up to $1.5 billion. This significant agreement is part of the airline’s broader plan to finance strategic projects, modernize operations, and ensure long-term financial resilience.
Air Senegal, the national carrier of Senegal, has initiated discussions with Boeing as part of a strategic push by the government to revitalize the airline’s operations. The talks focused on fleet expansion, maintenance support, and technical training programs, aiming to restore the airline’s competitiveness and operational resilience.
Emirates, based in the UAE, is reportedly expanding its fleet of Boeing 777 freighters (B777F) to accommodate a sharp rise in cargo traffic.
