Air New Zealand has expanded its fleet by leasing three Boeing 777s to address capacity challenges caused by engine constraints. These aircraft will help maintain operational efficiency and meet passenger demand.
Sun Country Airlines has announced a secondary public offering of 6,346,105 shares of its common stock, sold by an affiliate of Apollo Global Management. This offering represents all remaining shares held by the selling stockholder, marking Apollo’s full exit from its investment in the airline.
Skymark Airlines reported a 25.8% decline in net income for the nine-month period ending December 2024, despite a 4.5% increase in operating revenues. The airline attributed the drop in profitability to rising operational costs, including higher fuel expenses, increased labor costs, and adjustments to fleet operations.
Plus Ultra Líneas Aéreas, a Spanish airline, is preparing to make its initial repayment of $19 million in 2026 towards the $54 million loan it received from Spain’s Sociedad Estatal de Participaciones Industriales (SEPI) during the COVID-19 pandemic.
Turkish Airlines saw a strong start to 2025, reporting a passenger count of 6.8 million in January, marking an 8.2% increase compared to the same period in 2024.
Air New Zealand reported a slight decline in passenger numbers in December 2024, carrying 1.6 million passengers, reflecting a 0.6% decrease compared to the same period in the previous year.
In January 2025, PLAY Airlines reported transporting 87,415 passengers, a slight decrease compared to previous months. This decline aligns with an 11% reduction in capacity, resulting from the strategic decision to lease one of its aircraft to GlobalX and to adjust its network to match seasonal demand.
The Brazilian government has provided an updated timeline on the proposed merger between GOL Linhas Aéreas Inteligentes and Azul Linhas Aéreas Brasileiras, estimating that the process will be finalized within 12 months. This timeline aligns with the deadline set by CADE, Brazil’s antitrust regulator.
Virgin Australia has confirmed that Paul Jones, the airline’s Chief Customer and Digital Officer, will not assume the role of Chief Executive Officer following the planned retirement of current CEO Jayne Hrdlicka. This decision comes amid external pressures and internal deliberations concerning the airline’s leadership succession.
Boliviana de Aviación (BoA) has undergone a leadership change following the resignation of Ronald Casso as CEO. The Bolivian government has appointed Mario Borda as the new CEO in response to recent operational disruptions affecting the airline’s performance.
