Afcom is preparing to make a significant leap in the Asian and African cargo markets with its planned acquisition of up to four Boeing 777-8 Freighter aircraft, signaling the start of widebody operations from its Chennai base.
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Icelandair has announced its financial results for the fourth quarter of 2024, reporting a 10% increase in revenue, totaling $349 million. Despite this growth, the airline experienced a net loss of $20 million for the quarter.
Delta Air Lines has revised its Q1 2025 revenue and profit projections downward, citing softening demand in the U.S. domestic market. The airline now expects revenue to grow no more than 5% year-on-year, a downgrade from its previous forecast. This adjustment reflects slower-than-expected booking trends and pricing pressures, particularly in key domestic routes where competitive pricing has impacted yield performance.
SalamAir, the low-cost carrier based in Oman, is set to continue its strategic fleet expansion with the upcoming delivery of its 15th aircraft in June 2025—an Airbus A321 acquired on lease from SMBC Aviation Capital (Ireland). A second A321 is also scheduled to arrive in July, further strengthening the airline’s mid-capacity aircraft portfolio.
AirAsia Aviation Group, based in Malaysia, is in the advanced stages of finalizing a significant financial agreement that involves securing up to US$226 million in debt financing. This strategic financial move is being facilitated by an undisclosed domestic bank, with the primary aim of refinancing the group’s existing US dollar-denominated debt and allocating funds for various corporate…
airBaltic Suspends Dubai Flights Until October 2026 as the Latvian carrier adjusts its network due to the ongoing security situation affecting parts of the Middle East.
HelloJets, a Romanian carrier, is set to expand its fleet with the addition of two Airbus A320 aircraft via financial lease. The aircraft, featuring serial numbers 2881 and 2885, are expected to be delivered in January 2025. This move will bring HelloJets’ fleet size to a total of five aircraft, strengthening its position in the regional aviation market.
