Azul Projects 6% Capacity Growth and $1B+ EBITDA for 2024

ByAdmin 14/11/202418/11/2024

Azul, Brazil’s leading airline, has announced expectations for a 6% increase in capacity in 2024 compared to the previous year, reflecting its strategic efforts to expand operations and meet demand in key domestic and international markets. Azul also projects EBITDA to exceed $1 billion for 2024, with anticipated growth to reach $1.2 billion in 2025. This financial outlook highlights Azul’s strong performance trajectory, underscoring its focus on profitability alongside expansion.

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LEVEL Takes Delivery of One A330-200 Operated by Iberia

ByAdmin 17/12/202418/12/2024

LEVEL, the Spanish long-haul low-cost carrier, has taken delivery of an Airbus A330-200, identified by serial number 1319. The aircraft, operated by Iberia (Spain), is powered by Rolls-Royce Trent 772B-60 engines, further enhancing LEVEL’s operational capacity on long-haul routes.

Airlines | Cities | Countries | Flag Carrier | Network

Qantas to Launch Weekly Nonstop Brisbane–Koror Service in December

ByAdmin 05/11/202407/11/2024

Qantas, Australia’s flagship airline, is set to introduce a new nonstop service connecting Brisbane to Koror, the capital of Palau, with flights commencing on 7 December 2024. This weekly service aims to improve connectivity between Australia and Palau, offering travelers a convenient and direct route to this popular Pacific island destination. Known for its rich…

Airlines | Financial

Southwest Airlines Earns Baa1 Rating, Outlook Lowered to Negative

ByAdmin 17/10/2024

Moody’s Investors Service recently affirmed a Baa1 senior unsecured debt rating for Southwest Airlines, reflecting the airline’s robust balance sheet and leading position in the U.S. domestic market.

Airlines | Cargo | Crisis | Governments

Rosaviatsia Suspends AirBridgeCargo’s AOC Amid Operational Pause

ByAdmin 12/11/202413/11/2024

AirBridgeCargo, a major Russian cargo airline, has had its Air Operator Certificate (AOC) suspended by Rosaviatsia, Russia’s Federal Air Transport Agency. The suspension follows a prolonged halt in operations, as AirBridgeCargo has not conducted any flights since March 2022. This development effectively grounds the airline, preventing it from resuming operations until the AOC is reinstated. The suspension reflects Rosaviatsia’s…

Airlines | Governments | Management

Fastjet Zimbabwe Achieves IATA IOSA Certification

ByAdmin 20/11/202422/11/2024

Fastjet Zimbabwe, a leading regional airline, has successfully achieved IATA Operational Safety Audit (IOSA)registration, a globally recognized certification for operational safety in the aviation industry. This accomplishment underscores the airline’s commitment to adhering to the highest standards of safety and operational excellence.

MTU Maintenance Zhuhai Secures ANA Engine MRO Contract

ByAdmin 18/03/202520/03/2025

MTU Maintenance Zhuhai (China) has entered into a maintenance, repair, and overhaul (MRO) agreement with All Nippon Airways (ANA) (Japan) for the CFM56-7B engines that power its fleet of 47 Boeing 737 Next Generation aircraft. The partnership further strengthens MTU’s presence in the Asian aviation market, reinforcing its expertise in engine MRO services.

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