Brussels Airlines, the national carrier of Belgium, has reported a record adjusted EBIT of €59 million for 2024, marking an 11% increase from the previous year. This achievement comes despite stable revenue, which remained at €1.54 billion.
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AerFin (UK) has announced plans to double its engine MRO capacity, enabling the company to handle up to 200 quick-turn shop visits annually. This expansion will be supported by the opening of AerFin’s brand-new global headquarters located in South Wales.
Israir Airlines, based in Israel, has announced plans to wet lease two widebody aircraft to operate direct flights between Tel Aviv and Newark for the upcoming winter 2024/25 season. This strategic move will allow Israir to expand its long-haul route offerings and provide an alternative to current transatlantic services from Israel. By leasing widebody aircraft specifically for these routes, Israir aims…
The Supreme Court of South Korea has ruled that Eastar Jet is responsible for the collapse of its merger with Jeju Air, ordering substantial damages to be paid to Jeju. According to the court’s decision, Eastar Jet must pay Jeju Air 10 billion Korean won, and Daedong Investment, another involved party, is required to pay…
Pakistan International Airlines (PIA) is facing operational challenges with 17 of its 34 aircraft grounded due to a critical shortage of spare parts. The grounded fleet includes seven Boeing 777s, seven Airbus A320s, and three ATRs, significantly impacting the airline’s capacity to maintain its scheduled operations.
HAECO, a leading global provider of aircraft engineering and maintenance services based in Hong Kong, has announced the extension of its line maintenance contract with EVA Air of Taiwan. The contract, now renewed until the end of 2026, continues to cover non-technical services, reinforcing the strong partnership between the two companies.
Brazilian airline Azul has reached a major agreement with its existing bondholders, securing up to $500 million in additional funding and negotiating terms that could reduce its debt burden significantly.
AerFin (UK) has announced plans to double its engine MRO capacity, enabling the company to handle up to 200 quick-turn shop visits annually. This expansion will be supported by the opening of AerFin’s brand-new global headquarters located in South Wales.
Israir Airlines, based in Israel, has announced plans to wet lease two widebody aircraft to operate direct flights between Tel Aviv and Newark for the upcoming winter 2024/25 season. This strategic move will allow Israir to expand its long-haul route offerings and provide an alternative to current transatlantic services from Israel. By leasing widebody aircraft specifically for these routes, Israir aims…
The Supreme Court of South Korea has ruled that Eastar Jet is responsible for the collapse of its merger with Jeju Air, ordering substantial damages to be paid to Jeju. According to the court’s decision, Eastar Jet must pay Jeju Air 10 billion Korean won, and Daedong Investment, another involved party, is required to pay…
Pakistan International Airlines (PIA) is facing operational challenges with 17 of its 34 aircraft grounded due to a critical shortage of spare parts. The grounded fleet includes seven Boeing 777s, seven Airbus A320s, and three ATRs, significantly impacting the airline’s capacity to maintain its scheduled operations.
HAECO, a leading global provider of aircraft engineering and maintenance services based in Hong Kong, has announced the extension of its line maintenance contract with EVA Air of Taiwan. The contract, now renewed until the end of 2026, continues to cover non-technical services, reinforcing the strong partnership between the two companies.
Brazilian airline Azul has reached a major agreement with its existing bondholders, securing up to $500 million in additional funding and negotiating terms that could reduce its debt burden significantly.
AerFin (UK) has announced plans to double its engine MRO capacity, enabling the company to handle up to 200 quick-turn shop visits annually. This expansion will be supported by the opening of AerFin’s brand-new global headquarters located in South Wales.
Israir Airlines, based in Israel, has announced plans to wet lease two widebody aircraft to operate direct flights between Tel Aviv and Newark for the upcoming winter 2024/25 season. This strategic move will allow Israir to expand its long-haul route offerings and provide an alternative to current transatlantic services from Israel. By leasing widebody aircraft specifically for these routes, Israir aims…
The Supreme Court of South Korea has ruled that Eastar Jet is responsible for the collapse of its merger with Jeju Air, ordering substantial damages to be paid to Jeju. According to the court’s decision, Eastar Jet must pay Jeju Air 10 billion Korean won, and Daedong Investment, another involved party, is required to pay…
Pakistan International Airlines (PIA) is facing operational challenges with 17 of its 34 aircraft grounded due to a critical shortage of spare parts. The grounded fleet includes seven Boeing 777s, seven Airbus A320s, and three ATRs, significantly impacting the airline’s capacity to maintain its scheduled operations.
HAECO, a leading global provider of aircraft engineering and maintenance services based in Hong Kong, has announced the extension of its line maintenance contract with EVA Air of Taiwan. The contract, now renewed until the end of 2026, continues to cover non-technical services, reinforcing the strong partnership between the two companies.
Brazilian airline Azul has reached a major agreement with its existing bondholders, securing up to $500 million in additional funding and negotiating terms that could reduce its debt burden significantly.
