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Asiana Airlines Fully Repays $2.6 Billion in Government Loans

ByAdmin

Asiana Airlines (South Korea) has successfully repaid $2.6 billion in loans received from the Export-Import Bank of Korea, the Key Industrial Stability Fund, and the Korea Development Bank. The repayment eliminates a major financial burden for the airline, positioning it for long-term stability and a smoother transition amid its planned merger with Korean Air.

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Bangkok Airways to Operate Wet-Leased A319 and A320 from Amelia

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Bangkok Airways, a premier regional carrier based in Thailand, has announced plans to operate an Airbus A319 and an Airbus A320 under a wet lease agreement with Amelia, a French regional airline. Operations are set to commence from December 1, 2024, with both aircraft based at Bangkok Suvarnabhumi Airport (BKK).

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Vietnam Airlines to Seek Bids for 50 Narrowbody Jets in 2025

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Vietnam Airlines has announced plans to issue Requests for Proposals (RFPs) to aircraft manufacturers in 2025 as it looks to purchase 50 narrowbody jets to modernize and expand its fleet. The airline’s long-term vision includes acquiring a total of 170 new aircraft by 2035, marking a significant fleet expansion to support its strategic growth and meet rising demand in the region. This move…

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Porter Airlines Expands U.S. Service with New Seasonal Routes from Ottawa and Montreal

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Porter Airlines, based in Canada, is expanding its transborder services with the inauguration of three new seasonal routes connecting Ottawa and Montreal to the United States. Starting in the upcoming season, the airline will offer flights to Las Vegas from both Ottawa and Montreal, as well as a direct route from Montreal to Fort Lauderdale….