| | | |

China Eastern Adds A321neo and A320neo to Fleet

China Eastern Airlines, one of China’s leading carriers, has expanded its fleet with the delivery of two state-of-the-art aircraft: an Airbus A321neo, identified by serial number 12312, and an Airbus A320neo, identified by serial number 12387. The A321neo is powered by LEAP-1A32 engines, while the A320neo is equipped with LEAP-1A26 engines, both manufactured by CFM International.

| |

Nok Air Delisted from Thai Stock Exchange After 11 Years

Nok Air, a low-cost carrier based in Thailand, was officially delisted from the Thai Stock Exchange on January 9, 2025, marking the end of its 11-year presence as a publicly traded company. The delisting is part of the airline’s ongoing efforts to navigate through a challenging rehabilitation process.

| |

IndiGo Reports 3Q Profit Drop Amid Rising Forex Losses

IndiGo, India’s largest airline, has reported an 18.6% decline in profit for the third quarter of 2024, with net earnings falling to $283 million. The profit decrease was largely attributed to ballooning foreign exchange losses, which significantly impacted the airline’s financial performance during the quarter ending December 31, 2024.

|

China Southern Projects Financial Loss for 2024

China Southern Airlines, one of China’s largest carriers, has announced its financial forecast for 2024, projecting a net loss attributable to shareholders estimated between $170.8 million and $255.6 million. This anticipated loss underscores the challenges the airline continues to face amidst a recovering but volatile aviation market.

| |

Brazil’s CADE Raises Concerns Over GOL-Azul Merger

Brazil’s Administrative Council for Economic Defense (CADE) has expressed significant concerns over a potential merger between GOL and Azul, two of the country’s leading airlines. While CADE members deem it “almost impossible” to approve the merger without restrictions, they clarified that the proposal does not currently warrant outright rejection.