airBaltic Reports 8.3 Million Passengers in 2024

ByAdmin 15/01/202517/01/2025

airBaltic (Latvia) has announced its operational results for 2024, reporting a significant milestone of carrying 8.3 million passengers, a testament to the airline’s strong performance over the year. This marks a substantial increase compared to previous years, reflecting growing demand across its network.

In 2024, the airline successfully operated 73,300 flights, highlighting its capability to meet passenger demand efficiently. Additionally, airBaltic achieved a notable improvement in its load factor, which rose by 4.5 points to 81.2%, showcasing its enhanced capacity utilization and operational efficiency.

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JetSMART Argentina Expands Fleet with New Airbus A321neo

ByAdmin 11/03/202513/03/2025

JetSMART Argentina has strengthened its fleet with the addition of a new Airbus A321neo, serial 11726, powered by Pratt & Whitney PW1133G-JM engines. This latest acquisition aligns with the airline’s commitment to fuel efficiency, operational growth, and enhanced passenger experience.

Airlines | Financial

Global Crossing Airlines Group Reports 2024 Financial Results

ByAdmin 06/03/202511/03/2025

Global Crossing Airlines Group (GlobalX) reported a 40% increase in revenue for 2024, reaching US$223.8 million, compared to US$160.1 million in the previous year. Despite the revenue growth, the airline recorded a net loss of US$11.5 million, an improvement from the US$21.0 million net loss in 2023. The company ended the year with a cash balance of US$14.0 million, including restricted cash.

Airlines | Management

LATAM Colombia Names Erika Zarante Bahamon as New CEO

ByAdmin 01/11/202404/11/2024

LATAM Colombia has announced the appointment of Erika Zarante Bahamon as its new Chief Executive Officer, effective January 1, 2025. Zarante Bahamon will succeed Santiago Alvarez, who will move into the role of Chief Commercial Officer, focusing on advancing LATAM Colombia’s commercial strategy as the airline positions itself for growth in the competitive Colombian aviation…

Airlines | Financial | Low Cost Carrier

Volotea Projects 12 Million Passengers and $857M Sales by End of 2024

ByAdmin 12/11/202414/11/2024

Volotea, a Spanish low-cost airline, is on track to achieve substantial growth by the end of 2024, with a projected 12 million passengers transported. For the first nine months of the year, Volotea reported a 14.5% increase in sales, reaching $640 million, while EBITDA rose 21% to $129 million. The airline’s robust performance reflects its strong market position and expanding route network within…

Airbus | Airlines | Flag Carrier | Fleet | RFP

Airbus Bids to Supply 84 Aircraft to LOT Polish Airlines with A220 Variants

ByAdmin 16/03/202518/03/2025

Airbus has officially submitted a bid in a tender to supply 84 passenger aircraft to LOT Polish Airlines, proposing both the A220-100 and A220-300 variants as part of the airline’s fleet renewal and expansion program.

Airbus | Fleet | Lessor | Order

Jackson Square Aviation Places First Direct Order for 50 Airbus A320neo Family Jets

ByAdmin 13/03/202513/03/2025

Jackson Square Aviation (JSA) has made a major move in the aviation leasing market by placing its first-ever direct order with Airbus for 50 A320neo Family aircraft. This landmark deal strengthens JSA’s position in the commercial aircraft leasing sector, expanding its portfolio with one of the most in-demand fuel-efficient aircraft in the industry.

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