airBaltic has announced a delay in its initial public offering (IPO) plans, now aiming for the first half of 2025 at the earliest. According to CEO Martin Gauss, the airline requires favorable market conditions to proceed with the listing successfully.
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Setna iO, a US-based aviation services company, has announced the acquisition of five Airbus A319 airframes for disassembly. This purchase allows Setna iO to expand its parts distribution network by providing high-quality, certified components sourced from these A319 aircraft. The disassembly process also supports sustainable practices in the aviation industry, as it enables the recycling and repurposing of…
Aurora Airlines, a Russian regional carrier, is expected to take delivery of its first Baikal aircraft under a contract with Ural Civil Aviation Plant (UZGA) by the end of 2026. This development marks a key milestone in Russia’s efforts to expand its domestic aviation industry, particularly in the regional aircraft segment.
Emirates, the Dubai-based flag carrier, has announced a 20% rise in profit before tax, totaling $5.8 billion for the fiscal year ending 31 March 2025. This robust performance was supported by a 6% increase in revenue, which reached $34.9 billion, alongside a solid cash reserve of $13.5 billion.
Qatar Airways is nearing the completion of its acquisition of a 49% stake in RwandAir and a 60% stake in the new Bugesera International Airport, following prolonged negotiations with the Rwandan government. The update was confirmed by Rwanda’s President Paul Kagame, who indicated that discussions are now in their final stages.
Egypt-based carrier Nesma Airlines has officially taken delivery of an Airbus A320, bearing serial number 3135, on lease and powered by dependable CFM International CFM56-5B4/P engines. This aircraft acquisition supports Nesma Airlines’ continued fleet growth and operational expansion strategy.
Ryanair (Ireland) has revealed its summer 2025 schedule for Abruzzo, highlighting ambitious growth with a 30% increase in capacity. The expansion includes five new routes to Wroclaw, Cagliari, Milan Malpensa, Kaunas, and Valencia. Additionally, an extra based aircraft will support the airline’s enhanced operations. These new connections are part of Ryanair’s strategy to further solidify its presence in the Italian market while offering more travel options to…
