9 Air, a subsidiary of Juneyao Airlines and China’s first low-cost carrier, has taken delivery of a new Boeing 737-8, serial number 61385. This aircraft is powered by LEAP-1B engines, enhancing the airline’s fuel efficiency and operational performance. The addition is part of 9 Air’s broader strategy to modernize its fleet and expand its route network.
Turkish Airlines, Turkey’s national carrier, has announced its financial results for 2024, reporting revenue of $22.5 billion and a net profit of $3.4 billion, marking a 17% increase compared to the previous year. The airline’s cash and cash equivalents reached $1.87 billion, underscoring its robust liquidity and financial stability.
T’way Air Co., Ltd., a prominent South Korean low-cost carrier, has announced its financial results for the year ending December 31, 2024. The airline reported sales totaling $1.0 billion, a 13.9% increase compared to the previous year. However, the company also recorded a net loss of $41.5 million, underscoring the persistent challenges faced by the aviation industry amid fluctuating…
flynas, a prominent low-cost airline based in Saudi Arabia, has announced the successful closure of a Murabaha financing agreement with Bank Aljazira, valued at $132 million. This financing arrangement is designated for the acquisition of three Airbus A320neo aircraft, aligning with flynas’s ongoing efforts to expand and modernize its fleet.
Air France-KLM, the Franco-Dutch airline group, has confirmed its intention to participate in the privatization process of TAP Air Portugal, the Portuguese national carrier. This announcement comes as the Portuguese government moves forward with plans to sell a stake in TAP, aiming to enhance the airline’s competitiveness and financial stability.
Xiamen Airlines, a leading Chinese carrier, has recently taken delivery of a new Boeing 737-8, bearing the serial number 42964. This state-of-the-art aircraft is powered by LEAP-1B engines, known for their fuel efficiency and performance.
XEJet, a Lagos-based airline, has bolstered its fleet with the acquisition of a fourth Bombardier CRJ200 aircraft, bearing the serial number 7937. This aircraft is owned by Regional One, a prominent aviation asset management firm headquartered in the United States.
Thai AirAsia, a prominent low-cost carrier based in Thailand, has unveiled plans to bolster its fleet by introducing six new Airbus A321neo aircraft in 2025. This expansion will bring the airline’s total fleet size to 66 aircraft by the end of the year.
Smartwings, a leading airline based in the Czech Republic, has recently taken delivery of a new Boeing 737-8, bearing the serial number 62915. This state-of-the-art aircraft is powered by LEAP-1B27 engines, known for their fuel efficiency and performance.
SmartLynx Malta, a subsidiary of SmartLynx Airlines, has recently taken delivery of an Airbus A320, bearing the serial number 1663. This aircraft is powered by V2527-A5 engines, known for their reliability and efficiency.
