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.
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LATAM Airlines Group, based in Chile, has released its financial outlook for 2025, projecting an adjusted EBITDARbetween $3.2 billion and $3.6 billion. This optimistic forecast aligns with the airline’s continued recovery and expansion following the global resurgence of air travel.
Total Linhas Aereas, a Brazilian airline, faced a critical incident when its Boeing 737-400F, identified by serial 26299, landed at Sao Paulo with an active fire in its cargo hold. Fortunately, the crew was able to escape the aircraft without injury. However, the aircraft sustained significant structural damage due to the blaze. This incident highlights the risks associated with…
Porter Airlines (Canada) has announced the addition of a new route between Toronto Pearson International Airport (YYZ) and New York LaGuardia Airport (LGA), with flights set to commence on 1 May 2025. The airline will operate the route with the Embraer E195-E2, expanding its footprint in the Canada-US market.
Hainan Airlines (China) has announced the resumption of its Haikou–Osaka Kansai service, set to restart on 01 April 2025. This move reinforces the airline’s international expansion efforts, particularly in the China–Japan market, as travel demand between the two countries continues to rise.
Airbus is facing significant supply chain challenges, leading to a delay of up to one year for the A350F freighter program. Additionally, the manufacturer is encountering hurdles in increasing A350 production in the coming months due to component shortages and logistical constraints.
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…
LATAM Airlines Group, based in Chile, has released its financial outlook for 2025, projecting an adjusted EBITDARbetween $3.2 billion and $3.6 billion. This optimistic forecast aligns with the airline’s continued recovery and expansion following the global resurgence of air travel.
Total Linhas Aereas, a Brazilian airline, faced a critical incident when its Boeing 737-400F, identified by serial 26299, landed at Sao Paulo with an active fire in its cargo hold. Fortunately, the crew was able to escape the aircraft without injury. However, the aircraft sustained significant structural damage due to the blaze. This incident highlights the risks associated with…
Porter Airlines (Canada) has announced the addition of a new route between Toronto Pearson International Airport (YYZ) and New York LaGuardia Airport (LGA), with flights set to commence on 1 May 2025. The airline will operate the route with the Embraer E195-E2, expanding its footprint in the Canada-US market.
Hainan Airlines (China) has announced the resumption of its Haikou–Osaka Kansai service, set to restart on 01 April 2025. This move reinforces the airline’s international expansion efforts, particularly in the China–Japan market, as travel demand between the two countries continues to rise.
Airbus is facing significant supply chain challenges, leading to a delay of up to one year for the A350F freighter program. Additionally, the manufacturer is encountering hurdles in increasing A350 production in the coming months due to component shortages and logistical constraints.
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…
LATAM Airlines Group, based in Chile, has released its financial outlook for 2025, projecting an adjusted EBITDARbetween $3.2 billion and $3.6 billion. This optimistic forecast aligns with the airline’s continued recovery and expansion following the global resurgence of air travel.
Total Linhas Aereas, a Brazilian airline, faced a critical incident when its Boeing 737-400F, identified by serial 26299, landed at Sao Paulo with an active fire in its cargo hold. Fortunately, the crew was able to escape the aircraft without injury. However, the aircraft sustained significant structural damage due to the blaze. This incident highlights the risks associated with…
Porter Airlines (Canada) has announced the addition of a new route between Toronto Pearson International Airport (YYZ) and New York LaGuardia Airport (LGA), with flights set to commence on 1 May 2025. The airline will operate the route with the Embraer E195-E2, expanding its footprint in the Canada-US market.
Hainan Airlines (China) has announced the resumption of its Haikou–Osaka Kansai service, set to restart on 01 April 2025. This move reinforces the airline’s international expansion efforts, particularly in the China–Japan market, as travel demand between the two countries continues to rise.
Airbus is facing significant supply chain challenges, leading to a delay of up to one year for the A350F freighter program. Additionally, the manufacturer is encountering hurdles in increasing A350 production in the coming months due to component shortages and logistical constraints.
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…
