easyJet passengers faced dramatic moments at Milan Malpensa Airport when a power bank ignited in a carry-on bag, forcing the evacuation of 146 people from a Airbus A320 registered OE-IVS just before its departure to Prague.
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Malaysia Airlines has taken delivery of a new Airbus A330-900, bearing manufacturer serial number (MSN) 2097, as part of its widebody fleet renewal strategy. The aircraft is powered by Rolls-Royce Trent 7000-72 engines and has been acquired under a lease agreement, signaling the carrier’s shift toward next-generation fuel-efficient long-haul aircraft.
EVA Air, based in Taiwan, has announced plans to convert three of its Boeing B777 aircraft into dedicated freighters, a strategic move that will expand the airline’s cargo fleet to 12 aircraft. The conversion effort reflects the airline’s proactive response to growing air freight demand in Asia and globally.
Ryanair Holdings, the prominent low-cost airline group based in Ireland, has reported an 18% decrease in after-tax profit for the first half of its fiscal year 2025, totaling $1.9 billion. This comes alongside a modest 1% increase in total revenue, which reached $9.4 billion. Despite the profit decline, Ryanair remains committed to its financial strategies,…
Airbus’s A330-800 program faces further challenges as Garuda Indonesia reportedly canceled its order for four aircraft, reducing the global backlog to just one remaining delivery. Originally intended as a replacement for the successful A330-200, the A330-800 has struggled with demand, partly due to its narrow customer base and the higher capacity appeal of its sibling,…
Southwest Airlines (US) has amended its existing agreement with Elliott Investment Management (US), increasing the firm’s maximum aggregate economic exposure in the airline from 14.9% to 19.9%. The revised agreement allows Elliott to further expand its stake, signaling increased investment interest in the airline.
China Southern Airlines has announced a significant financial turnaround with a net profit of $447 million for the third quarter of 2024. This achievement reflects a steady recovery in the aviation market and is supported by robust passenger demand and strategic operational adjustments. The airline’s Q3 results show that China Southern has successfully capitalized on…
