Astral Aviation, a Nairobi-based cargo airline, has taken delivery of its first Boeing B767-300F freighter, marking a key milestone in its fleet modernization and expansion strategy. The aircraft is identified by serial number 24146, and it becomes the airline’s most capable long-haul freighter to date.
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Turkish Airlines has made significant progress in reducing the number of grounded aircraft, with a decrease of ten in its fleet. The airline remains optimistic that additional aircraft will return to service in 2026, helping to stabilize operations amid ongoing supply chain and maintenance challenges.
China Airlines, based in Taiwan, has reported a net profit of $118 million for the third quarter of 2024, supported by a 9.1% increase in revenue to $1.6 billion. This growth highlights China Airlines’ resilience in an evolving aviation market and reflects strong demand across its network. The airline’s solid performance in Q3 demonstrates its effective cost management and strategic focus on…
Ascend Airways is set to accelerate its fleet expansion in early 2025, with the addition of one Boeing B737-800 in February and two B737-8 aircraft in March and April. The airline, under the leadership of CEO Alastair Willson, aims to gradually grow its fleet to 15-20 aircraft to meet its operational goals.
HNA Holdings, a leading Chinese conglomerate, has announced its intent to sell nine Boeing B787-8 aircraft as part of its ongoing effort to dispose of non-core assets. This move aligns with the company’s broader strategy to streamline its operations and improve financial stability.
Air India and Virgin Australia have entered into a new codeshare partnership, enhancing connectivity between India and Australia. This agreement enables Air India to place its ‘AI’ flight code on select Virgin Australia domestic and regional flights, offering seamless travel options for passengers.
Air Europa is preparing to repay the remaining $66 million of a $160 million loan it secured from a banking consortium in May 2020, backed by a guarantee from the Instituto de Crédito Oficial (ICO). This repayment is scheduled to occur in May 2025. The loan was provided under favorable terms to support the airline during the critical early months of the COVID-19…
