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Air Arabia to Resume Sharjah-Yanbu Service on November 28

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Air Arabia, the UAE-based low-cost carrier, has announced plans to resume its Sharjah – Yanbu route starting November 28, 2024. The route will be serviced by the airline’s Airbus A320 fleet, which is well-suited for the relatively short journey between the UAE and Saudi Arabia. This resumption comes in response to rising demand for travel between the two cities, particularly…

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Brussels Airlines Reports Record Summer Profit, Adds Long-Haul Capacity and Increases Punctuality

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Brussels Airlines has reported a record €78 million adjusted EBIT for summer 2024, supported by increased long-haul capacity and high punctuality. From July to September, the airline transported 2.5 million passengers across over 17,000 flights, marking a 1.3% increase in passenger volume despite a 2.5% decrease in total flights.

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Bamboo Airways Takes Delivery Of Wet-Leased B737-900ER

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Bamboo Airways has expanded its fleet with the delivery of one Boeing 737-900ER, serial number 35717, under a wet lease agreement with BBN Airlines Indonesia. The aircraft is powered by CFM56-7B26 engines, a reliable propulsion system commonly used in the Boeing Next Generation series.

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flydubai Takes Delivery Of B737-8 MSN 61035

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flydubai, the low-cost airline based in the United Arab Emirates, has received a new Boeing 737-8, bearing manufacturer serial number (MSN) 61035. The aircraft is powered by CFM International LEAP-1B28 engines, bringing added fuel efficiency and range to the airline’s fast-growing Boeing 737 MAX fleet.

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Vietnam Airlines Signs Vietcombank MoU To Finance 50 Jets

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Vietnam Airlines has entered a significant financial partnership with Vietcombank through a newly signed memorandum of understanding (MoU) focused on capital arrangement for the acquisition of 50 narrowbody aircraft. The agreement lays the foundation for structured financing of the airline’s fleet renewal and expansion from 2026 to 2032.

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Avelo Airlines Seeks $100M Funding With Jefferies

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Avelo Airlines has initiated a strategic financial initiative by appointing Jefferies, a leading global investment banking firm, to assist in raising between $75 million and $100 million. The capital raise is aimed at fueling the airline’s growth plans and strengthening its financial position amid a competitive and cost-sensitive environment.