AirAsia Secures $226 Million in Debt Financing for Refinancing and Corporate

ByAdmin 28/03/202501/04/2025

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 purposes.

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Airbus | Airlines | CFM International | Delivery | Fleet

China Eastern Takes Delivery of A320neo

ByAdmin 26/11/202428/11/2024

China Eastern Airlines has expanded its fleet with the delivery of a new Airbus A320neo, featuring serial number 12264. The aircraft is powered by LEAP-1A26 engines, known for their exceptional fuel efficiency and performance.

Airlines | Financial | Management

Ceiba Intercontinental Unveils 2025 Action Plan Amid Financial Struggles

ByAdmin 24/02/202524/02/2025

Ceiba Intercontinental has formally presented its 2025 action plan to the government of Equatorial Guinea in a bid to tackle economic challenges and stabilize its financial situation. The national carrier has been under increasing pressure due to rising operational costs, fleet maintenance issues, and market conditions, prompting the need for immediate strategic interventions.

Airbus | Airlines | Airports | Network | Traffic

Etihad Airways to Launch Flights to Al Alamein, Egypt

ByAdmin 30/10/202401/11/2024

Etihad Airways has announced a new service from Abu Dhabi to Al Alamein, Egypt, set to commence in July 2025. This twice-weekly service will make Etihad the first UAE airline to offer direct flights to the emerging resort destination on Egypt’s Mediterranean coast, a location known for its pristine beaches and proximity to historical sites….

Airlines | Financial

Cathay Group Reports $1.2 Billion Profit for 2024 Amid Revenue Growth

ByAdmin 13/03/202513/03/2025

Cathay Group (Hong Kong) has announced strong financial results for 2024, reporting an attributable profit of $1.2 billion, driven by a 10.5% year-on-year increase in revenue to $13.4 billion. The group also ended the year with an available unrestricted liquidity balance of $2.4 billion, reflecting improved financial stability and operational resilience.

Airbus | Airlines | Retirement

DAT Retires A320 Aircraft

ByAdmin 18/12/202423/12/2024

DAT, a Denmark-based airline, has officially retired its Airbus A320, identified by serial 839. The aircraft, which has served the airline for years, is now scheduled for dismantling.

Airbus | Airlines | Network

Centrum Air Launches Tashkent–Guangzhou Route

ByAdmin 27/11/202428/11/2024

Centrum Air (Uzbekistan) has inaugurated its new route between Tashkent and Guangzhou, with the first flight taking off on 03 November 2024. The service is operated using a modern Airbus A321neo, enhancing the airline’s capabilities for medium-haul routes.

Airbus | Airlines | CFM International | Delivery | Fleet

Airbus | Airlines | Network

Centrum Air Launches Tashkent–Guangzhou Route

ByAdmin 27/11/202428/11/2024

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