Cayman Islands Seeks US$183 Million Loan Facility for Cayman Airways Expansion
In order to view the full content as well as having access to our archives and receiving the daily newsletter, please REGISTER .
Similar Posts
Airbus | Airlines | CFM International | Delivery | Fleet
China Southern Expands Fleet with New A321neo
ByAdmin
China Southern Airlines, one of Asia’s largest carriers, has taken delivery of a new Airbus A321neo, bearing serial number 12270. This state-of-the-art aircraft is powered by LEAP-1A32 engines, known for their superior fuel efficiency and lower environmental impact.
Jeju Air Reports 5.4% Revenue Growth but 59% Drop in Net Profit for Q3 2024
ByAdmin
Jeju Air, South Korea’s largest low-cost carrier, has reported a 5.4% increase in sales for the third quarter of 2024, totaling $335.2 million. However, the airline experienced a significant 59% decline in net profit, which fell to $31.3 million. The mixed results highlight the challenges Jeju Air faces in balancing revenue growth with profitability amid…
Airlines | Boeing | CFM International | Delivery | Flag Carrier | Fleet
Aeromexico Takes Delivery of One B737-8
ByAdmin
Aeromexico has bolstered its fleet with the addition of one Boeing 737-8, serial 66641, powered by LEAP-1B28 engines. This delivery marks another step in Aeromexico’s ongoing efforts to modernize its fleet with fuel-efficient, next-generation aircraft.
AJet Leases Nine B737-800s from SunExpress for Winter Operations
ByAdmin
AJet, a Turkish airline, has entered into a lease agreement for nine Boeing 737-800 aircraft from SunExpress, also based in Türkiye. The leased aircraft are set to enter service on November 18, 2024, to support AJet’s operations during the upcoming winter season. This strategic move reflects AJet’s efforts to bolster its fleet capacity to meet the increased demand for seasonal…
IAG Invests to Maintain 20% Stake in Air Europa
ByAdmin
International Airlines Group (IAG), headquartered in the UK, has reaffirmed its commitment to its stake in Air Europa, Spain’s prominent airline. The group announced its decision to participate in Air Europa’s capital increase, contributing $16.8 million to the initiative. This move ensures that IAG retains its 20% ownership in the airline, solidifying its strategic position in the Spanish and broader…
China Eastern Airlines Reports $280 Million Net Profit in Q3 2024
ByAdmin
China Eastern Airlines has reported a net profit of US$280 million for the third quarter of 2024, marking a significant turnaround from the losses experienced in previous periods. This positive outcome is attributed to a robust recovery in passenger demand and strategic operational enhancements.