Auric Air Expands Fleet with New Cessna 208B Grand Caravan EX

ByAdmin 08/03/202511/03/2025

Auric Air, a leading Tanzanian airline specializing in regional flights, has recently taken delivery of a new Cessna 208B Grand Caravan EX, identified by serial number 208B5853. This acquisition underscores the airline’s commitment to enhancing its services and expanding its reach across East Africa.

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Airlines | Cargo | Financial | Quarterly Performance

Cargojet Reports Strong 4Q and Full-Year 2024 Financial Results

ByAdmin 19/02/202521/02/2025

Cargojet (Canada) reported a strong financial performance for 4Q 2024, with total revenue rising 32.1% to $206.7 million and net earnings reaching $50.2 million. The company’s full-year 2024 revenue grew 14.1% to $705 million, with net earnings of $108.4 million and net cash reserves of $231.7 million.

Airlines | Embraer | General Electric | Transactions

American Eagle Adds New Embraer E170 to Fleet

ByAdmin 16/10/202416/10/2024

American Eagle, a regional carrier operating in the US, has added a new Embraer E170 aircraft to its fleet.

Sriwijaya Air Takes Delivery of Wet-Leased B737-800

ByAdmin 28/01/202530/01/2025

Sriwijaya Air, a leading Indonesian carrier, has expanded its fleet with the delivery of a Boeing 737-800, identified by serial number 29676. The aircraft is on wet lease from BBN Airlines Indonesia and is powered by CFM56-7B26 engines.

Airlines | Financial | IPO

Etihad Explores 20% Stake Sale in 1Q 2025 IPO

ByAdmin 27/01/202529/01/2025

Etihad Airways, the national carrier of the United Arab Emirates (UAE), is preparing for a potential Initial Public Offering (IPO) in the first quarter of 2025. The airline plans to offer around 20% of its stake to investors, with projections suggesting the IPO could raise approximately $1 billion.

Airlines | Corporation | Financial | Management

Capital A’s Regularisation Plan Approved by Bursa Malaysia

ByAdmin 08/03/202511/03/2025

Capital A, the parent company of AirAsia, has secured approval from Bursa Malaysia Securities for its proposed regularisation plan, a key milestone in its efforts to exit Practice Note 17 (PN17) status. This approval allows the company to move forward with its financial restructuring and business reorganisation, reinforcing its long-term growth strategy.

Airbus | Airlines | Low Cost Carrier | Network

Wizz Air to Base Fifth A321neo in Balice, Launching New Routes

ByAdmin 14/11/202418/11/2024

Wizz Air, the Hungarian low-cost carrier, is expanding its operations by basing its fifth A321neo aircraft at Balice Airport. This addition will support the launch of new routes to Basel, Bergen, and Genoa, enhancing connectivity between Poland and key European cities. The deployment of the A321neo, known for its fuel efficiency and passenger capacity, aligns with Wizz Air’s strategy to expand…