| | |

Air Belgium Takeover Approved by Nivelles Court

ByAdmin

The Nivelles enterprise court has approved the takeover of Air Belgium by Peso Aviation Management (Netherlands) and Air One Holding International (UK). The new ownership marks a significant shift for the Belgian carrier, which will now focus exclusively on cargo operations. The restructuring will also see the workforce reduced from 401 employees to 197, reflecting the streamlined focus on cargo services.

In order to view the full content as well as having access to our archives and receiving the daily newsletter, please REGISTER .

Similar Posts

| | | | | | |

JD Airlines Takes Delivery of B737-800BCF for Expanding Cargo Fleet

ByAdmin

JD Airlines, a growing player in China’s cargo aviation market, has taken delivery of a Boeing 737-800BCF (Boeing Converted Freighter), serial number 30697. Leased and equipped with CFM56-7B26 engines, this freighter addition aligns with JD Airlines’ strategy to expand its air cargo capabilities amidst increasing demand for air freight services across China. The B737-800BCF is…

| | |

Copa Airlines to Expand Fleet with B737 MAX Deliveries

ByAdmin

Copa Airlines (Panama) remains on track to expand its fleet, expecting the delivery of two B737 MAX 8 aircraft by the end of 2024, despite some delays. This addition will bring the airline’s total fleet to 112 aircraft by year-end. Looking ahead to 2025, Copa plans to receive 11 more MAX 8s, culminating in a fleet of 123 aircraft by the close of the year.

| | | |

Spirit Airlines Reports Increased 3Q 2024 Losses

ByAdmin

Spirit Airlines (US) has reported its financial results for 3Q 2024, showing a mixed performance. While total operating revenues stood at $1.1 billion, marking a slight year-over-year decrease, the airline faced a significant net loss of $308 million, which nearly doubled compared to the same quarter in the previous year.

| | | |

Ethiopian Airlines Supports Air Congo Launch with Two B737 MAXs

ByAdmin

Ethiopian Airlines, Africa’s largest carrier, is set to deliver two Boeing 737 MAX aircraft to support the launch of Air Congo, a new joint venture airline in the Democratic Republic of Congo (DRC). The new airline is scheduled to begin operations in December 2024.

| | | |

Embraer Secures Investment Grade Rating from Moody’s

ByAdmin

Embraer, a global leader in aerospace manufacturing, has achieved a significant milestone with Moody’s (US) awarding the company an Investment Grade rating. Moody’s has upgraded Embraer’s credit rating from Ba1 to Baa3, with a positive outlook, reflecting confidence in the company’s financial stability and growth prospects.

| | | | |

Pegasus Airlines Takes Delivery of New A321neo with LEAP-1A32 Engines

ByAdmin

Pegasus Airlines, a prominent Turkish low-cost carrier, has expanded its fleet with the delivery of a new Airbus A321neo, serial number 12047. This latest addition is powered by advanced LEAP-1A32 engines, known for their fuel efficiency and low emissions. The A321neo model is part of Pegasus’s ongoing fleet modernization efforts aimed at improving operational efficiency and reducing environmental impact…