AirAsia Indonesia’s Q3 2024 Revenue Soars 20% Amid Passenger Growth

ByAdmin 31/10/202403/11/2024

AirAsia Indonesia has announced a substantial 20% increase in revenue for the third quarter of 2024, reaching $375 million. This growth was bolstered by strong travel demand as the airline carried 4.99 million passengers, marking a steady post-pandemic recovery in Southeast Asia’s aviation sector. The increased passenger volume reflects the success of AirAsia Indonesia’s strategies to optimize seat occupancy and expand service on popular domestic and regional routes. Higher load factors, combined with a resurgence in travel for both business and leisure, significantly contributed to the airline’s impressive financial performance.

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Airlines | Network

Etihad Reports December 2024 Passengers Rise to 1.7 Million

ByAdmin 15/01/202517/01/2025

Etihad Airways (UAE) achieved significant growth in December 2024, reporting a total of 1.7 million passengerscarried during the month. This marks a notable increase compared to the same period in 2023, reflecting the airline’s ongoing recovery and rising demand for air travel. The airline also recorded an improvement in its load factor (LF), which rose by 3 percentage points…

Airlines | Bombardier | Delivery | Fleet | Pratt & Whitney

QantasLink Enhances Fleet with Bombardier Q400, Serial Number 4456

ByAdmin 31/01/202503/02/2025

QantasLink, Australia’s prominent regional airline, has taken delivery of a Bombardier Q400, serial number 4456, operated by Sunstate Airlines and powered by PW150A engines. This acquisition aligns with QantasLink’s strategy to modernize its fleet and enhance regional connectivity.

Airlines | Management

Ewa Air Appoints Drissa Samake as CEO Amid Fiscal Challenges

ByAdmin 28/01/202529/01/2025

Ewa Air, based in Mayotte, has announced the appointment of Drissa Samake as its new Chief Executive Officer (CEO). The leadership change comes as the airline prepares to close the 2024-25 fiscal year with a slight deficit, reflecting ongoing financial challenges in the regional aviation market.

Accident | Airlines | Boeing

Jeju Air B737-800 Crash Tied To Fatal Pilot Error

ByAdmin 22/07/202524/07/2025

Jeju Air’s catastrophic Boeing 737-800 crash in December 2024 has officially entered the record books as one of South Korea’s deadliest aviation disasters, with 179 fatalities. Preliminary findings from the Aviation and Railway Accident Investigation Board (ARAIB) have revealed that the sequence of events leading to the crash stemmed from a critical pilot error following a bird strike.

Airlines | Credit | Financial

Finnair Secures Export Credit Support for 18th A350-900

ByAdmin 18/12/202423/12/2024

Finnair, the national carrier of Finland, has received export credit support exceeding US$105 million to finance its 18th Airbus A350-900. The funding, facilitated by the export credit agencies of Germany, France, and the UK, underscores international confidence in the airline’s operational and financial stability. The aircraft, identified as serial 708, was financed through an arrangement led by Citibank Europe (UK).

Airlines | Financial

Spirit Airlines Warns of Potential Equity Loss in Ongoing Restructuring Deal

ByAdmin 14/11/202418/11/2024

Spirit Airlines, based in the United States, has cautioned that its shareholders could see their equity wiped out as the airline negotiates a restructuring deal with creditors. This announcement underscores the financial difficulties Spirit faces as it seeks to stabilize its operations through a comprehensive restructuring plan, which could impact current shareholder value significantly.

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