TAP Air Portugal has reported a 35% decrease in net profit for the third quarter of 2024, totaling $124.1 million. This decline comes despite a 2% increase in operating revenues, which reached $1.35 billion during the same period.
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Aviation Capital Group (ACG), a leading U.S.-based aircraft lessor, has announced the delivery of one Airbus A321neo to Wizz Air, the Hungarian ultra-low-cost carrier. This aircraft is the sixth unit delivered to Wizz under a multi-aircraft sale/leaseback agreement, further cementing the relationship between the two companies.
Alaska Air Group has reported its financial results for the third quarter ending September 30, 2024, showcasing a strong performance that positions the company at the forefront of the airline industry. The company achieved a GAAP pretax margin of 10.7% and earnings per share (EPS) of $1.84. Excluding special items and mark-to-market fuel hedge accounting…
Akasa Air Prepares For Boeing 737 MAX 8-200 Delivery as the Indian low-cost carrier continues to build out its high-density narrowbody fleet in support of network growth and cost-efficient operations. The upcoming aircraft reflects Akasa Air’s strategy of deploying capacity-optimized variants to serve price-sensitive domestic and regional markets.
Wizz Air Malta, a subsidiary of the Hungary-based Wizz Air, has taken delivery of a new Airbus A321neo, serial number 12480. This aircraft is equipped with the latest Pratt & Whitney PW1133G-JM engines, known for their fuel efficiency and reduced environmental impact.
Fiji Link, the domestic and regional subsidiary of Fiji Airways, has expanded its fleet with the delivery of a new ATR72-600, featuring serial number 1711. This aircraft is equipped with PW127M engines, manufactured by Pratt & Whitney, known for their reliability and fuel efficiency.
Qantas and other industry stakeholders have raised concerns about a proposed partnership between Qatar Airways and Virgin Australia. This agreement would see Qatar Airways operate new international routes on behalf of Virgin Australia, a move that has stirred debate within the Australian aviation industry. The Australian Competition and Consumer Commission (ACCC) is currently reviewing the deal to determine whether it aligns…
