AP Holdings Calls Board Meeting to Strengthen Management Rights in Air Premia

ByAdmin 04/11/202406/11/2024

AP Holdings, a major shareholder of South Korean airline Air Premia, has announced a board meeting with the objective of solidifying its management rights within the airline. This move underscores AP Holdings’ intent to exercise greater influence over Air Premia’s strategic direction and operational management as the airline seeks to expand its presence in the competitive aviation market.

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Airlines | Cancellation | Crisis | Employment | Flag Carrier

Alitalia Begins Mass Dismissal of 2,059 Employees in Restructuring Move

ByAdmin 10/11/202410/11/2024

Alitalia, the historic Italian airline, has commenced a mass dismissal process affecting 2,059 employees as part of its ongoing restructuring. This move signifies a major workforce reduction as the company continues to navigate financial difficulties and operational restructuring. The employees impacted by this dismissal will be permanently laid off, marking a significant step in Alitalia’s effort to…

Airlines | Boeing | Maintenance | MRO

LATAM Brasil Invests $40 Million in New Hangar for B787 Maintenance

ByAdmin 06/11/202408/11/2024

LATAM Brasil has announced a significant $40 million investment in the construction of a new maintenance hangar at its LATAM MRO facility located in São Carlos, São Paulo. This new hangar is specifically designed to support the maintenance needs of Boeing 787 aircraft, a model integral to LATAM’s long-haul fleet. The investment underscores LATAM Brasil’s commitment to enhancing its in-house MRO (maintenance, repair, and overhaul)…

Dubai Aerospace Enterprise Completes B737 MAX Deliveries to Aeromexico

ByAdmin 25/03/202527/03/2025

Dubai Aerospace Enterprise (DAE), based in the UAE, has successfully delivered the sixth and final Boeing B737 MAX family aircraft to Aeromexico. This delivery marks the completion of DAE’s current mandate with the airline, which included three B737-8 and three B737-9 aircraft.

Airlines | Financial

Delta Air Lines Reports Strong 4Q and 2024 Financial Results

ByAdmin 11/01/202514/01/2025

Delta Air Lines (US) has announced robust financial results for the fourth quarter of 2024 and the full year. In 4Q 2024, the airline achieved an operating revenue of $15.6 billion, a 5.7% increase compared to the same period in the previous year. Delta’s net income for the quarter was $843 million, reflecting its strong operational performance.

Airbus | Airlines | Network

Nesma Airlines to Launch Cairo-Dammam Service

ByAdmin 08/01/202512/01/2025

Nesma Airlines, a prominent Egyptian carrier, has announced plans to launch a new route between Cairo and Dammamstarting April 1, 2025. The service will be operated with an Airbus A320, a reliable and efficient aircraft ideally suited for the regional route.

Corporation | MRO

Thales Opens New Avionics MRO Facility In India

ByAdmin 23/03/202525/03/2025

Thales has inaugurated a new avionics maintenance, repair, and overhaul (MRO) facility in Gurugram, India, strategically positioned near Delhi International Airport. This new center is part of the company’s ongoing efforts to expand its footprint in South Asia and improve support for regional airline customers.

Airlines | Cancellation | Crisis | Employment | Flag Carrier

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