Japan Airlines (JAL) has unveiled plans to expand its international network by introducing new direct flights from Tokyo to Istanbul and Milan. These additions aim to strengthen connectivity between Japan and Europe, catering to the growing demand for travel and commerce.
Fitch Ratings has affirmed the Long-Term Issuer Default Rating (IDR) of AVIC Industry-Finance Holdings Co., Ltd. (AVIC Industry-Finance) at ‘A-‘ and the Short-Term IDR at ‘F1’. Concurrently, Fitch has withdrawn all ratings of AVIC Industry-Finance for commercial reasons. The affirmation reflects AVIC Industry-Finance’s strategic importance to its parent company, Aviation Industry Corporation of China (AVIC),…
ANA Holdings Inc. (ANA HD) has announced its financial results for the six months ending September 30, 2024, reporting a record operating revenue of 1,099.5 billion yen. This milestone reflects a continued recovery in passenger demand, particularly in international markets.
Amsterdam’s Schiphol Airport, a major European aviation hub, has announced a substantial increase in the fees charged to airlines. Over the next three years, these fees will rise by a total of 37%, reflecting the impact of high inflation and interest rates.
TAP Air Portugal has announced the resumption of its flights to Porto Alegre, Brazil, starting April 1, 2025. The airline will operate three weekly flights on Tuesdays, Thursdays, and Saturdays, utilizing the Airbus A330-900neo aircraft. This decision comes after a suspension of international flights to Porto Alegre due to significant flooding in the Rio Grande…
Iberojet, the Spanish leisure airline, has announced plans to launch direct flights between Madrid and Delhi starting in April 2025. This new route will make Iberojet the only airline offering direct flights between Spain and India, reinstating a connection that has been absent since August 2020, when Air India ceased its Madrid–Delhi service.
The International Air Transport Association (IATA) has announced that global passenger demand in September 2024 reached an all-time high, with a 7.5% increase compared to September 2023. This growth is measured in revenue passenger kilometers (RPKs), indicating a robust recovery in the aviation sector.
The International Air Transport Association (IATA) has announced a 9.4% increase in global air cargo demand for September 2024 compared to the same month in 2023. This marks the tenth consecutive month of year-over-year growth, indicating a robust recovery in the air cargo sector.
HiSky Europe, a Romanian airline, has announced the launch of a new regular charter service that will connect Bucharest, Mombasa, and Zanzibar, starting on November 27, 2024. The service, which will operate with an Airbus A321, provides Romanian travelers with a direct and convenient travel option to two popular tropical destinations in East Africa.
China Southern Airlines is set to resume its direct flights between Guangzhou and Nagoya on December 20, 2024, reestablishing an important link between China and Japan. The route, which will be operated by an Airbus A320, aims to meet the demand for both business and leisure travel between these major Asian cities as international travel…
