Turkish Airlines reported a net loss of US$44 million for the first quarter of 2025 on revenues totaling US$4.88 billion. Despite the loss, the airline maintained a strong cash and cash equivalents position of US$2.3 billion, reinforcing its liquidity strength heading into the peak summer season.
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Alaska Airlines has expanded its fleet with the delivery of a B737-9 aircraft, bearing serial number 67811 and powered by LEAP-1B28 engines. This new addition aligns with the airline’s ongoing modernization efforts and commitment to operational efficiency.
HelloJets, the Romanian carrier, has welcomed a new Airbus A320 to its fleet, identified by serial number 2881. The aircraft, which is on lease, strengthens the airline’s operational capabilities, supporting its growth strategy in the European market.
IndiGo, India’s largest airline by market share, has taken delivery of a new Airbus A321neo, serial number 12231. The aircraft, powered by LEAP-1A32 engines, strengthens the airline’s ongoing fleet modernization efforts and enhances its ability to serve domestic and international routes with improved efficiency.
flynas, the Saudi Arabian low-cost airline, has achieved a remarkable milestone by completing its initial public offering (IPO) of US$1.1 billion on the Riyadh stock exchange. The offering was met with extraordinary demand, as all shares were sold within minutes of opening. The IPO represents approximately 30% of the company’s share capital, indicating a strong appetite among investors for exposure to Saudi…
Air New Zealand has taken redelivery of its first retrofitted Boeing B787-9, identified by serial number 37964, after a six-month cabin upgrade program carried out in Singapore. This marks the airline’s first completed retrofit under its multi-year widebody refurbishment strategy.
The Federal Aviation Administration (FAA) has issued an emergency airworthiness directive mandating immediate inspections of all McDonnell Douglas MD-11 aircraft before any further flight operations can resume. The directive, released today, follows concerns raised by Boeing over potential safety issues affecting the structural or operational integrity of the model, prompting swift action by regulators and operators alike.
