Air Astana, Kazakhstan’s national airline, has announced the buyback of 4.1 million shares and Global Depositary Receipts (GDRs) in November 2024. The transaction, valued at $11.9 million, is part of the airline’s ongoing strategy to manage its financial structure and enhance shareholder value.
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ITA Airways, the national airline of Italy, has announced the launch of a new route from Rome Fiumicino to Tripoli Mitiga in Libya, set to begin on January 12, 2025. This route will be operated with an Airbus A319, which is well-suited for short to medium-haul flights and provides an efficient and comfortable experience for passengers. The new route reflects ITA Airways’ strategy…
GetJet Airlines (Lithuania) has announced its long-term strategy to prioritize aircraft purchases over dry leasing arrangements for the next 5-10 years. The airline intends to invest in newer Boeing and Airbus models when the timing aligns with market conditions.
flyadeal, a low-cost carrier based in Saudi Arabia, has announced plans to expand its international footprint by targeting new markets in India, China, and Southeast Asia. The airline has expressed a particular interest in launching services to India within the next 12 months, with additional routes to China and Southeast Asia to follow.
Aerolíneas Argentinas has reported a loss of $326 million during the first quarter of 2024, despite achieving a total income of $1.64 billion. The financial results highlight the challenges the airline continues to face in a volatile global aviation market.
Air Dolomiti, a regional carrier based in Italy, has taken delivery of an Embraer E190, further expanding its fleet. The aircraft, identified by serial number 19000341, is powered by CF34-10E5 engines, known for their efficiency and reliability in regional operations.
Hainan Airlines has announced the resumption of its Beijing Capital–Toronto route, set to begin on 10 November 2024. This service will be operated by the Boeing 787-9, a modern, fuel-efficient aircraft well-suited for long-haul routes. The return of this route reinforces Hainan Airlines’ commitment to restoring its international network and supporting connectivity between China and…
