Eastar Jet (South Korea) has officially entered the belly cargo business, launching operations on its Seoul Incheon–Bangkok route. This new initiative is part of the airline’s strategic plan to diversify its revenue streams and optimize the use of its passenger aircraft. The airline plans to expand its cargo services further, with routes to Tokyo, Osaka, Taipei, Shanghai, and Zhengzhouscheduled to commence in February 2024. These…
airBaltic (Latvia) has announced its operational results for 2024, reporting a significant milestone of carrying 8.3 million passengers, a testament to the airline’s strong performance over the year. This marks a substantial increase compared to previous years, reflecting growing demand across its network. In 2024, the airline successfully operated 73,300 flights, highlighting its capability to meet passenger demand…
The Aeroflot Group (Russia) has announced a significant growth in passenger numbers for 2024, reporting a 16.8% year-on-year increase. The Group carried a total of 55.53 million passengers, with its mainline unit accounting for 30.1 million of that figure. This growth highlights Aeroflot’s recovery and expansion following the challenges faced by the global aviation industry in recent years. The increase…
Tunisair, the national airline of Tunisia, is set for a major relaunch under the guidance of the country’s Transport Ministry. This move comes as part of a broader effort to make the airline competitive again following years of financial difficulties and operational challenges. The relaunch initiative includes restructuring operations, optimizing routes, and improving customer service to…
Sriwijaya Air’s former chairman, Hendry Lie, is set to face trial as a suspect in a corruption case that has drawn significant attention within the Indonesian aviation sector. The allegations against Lie stem from his tenure as chairman, during which authorities suspect financial mismanagement and misuse of company funds. The investigation, initiated months ago, highlights concerns over governance and…
Korean Air CEO Woo Kee-hong is set to be promoted to vice chairman upon the completion of Korean Air’s corporate merger with Asiana Airlines. This promotion highlights the strategic importance of the merger, which aims to consolidate the two major South Korean carriers into a globally competitive airline. The merger process has been closely monitored by industry analysts and…
Koala Airlines (Australia) is currently facing a significant financial challenge, as creditor Wealth Creation (Australia)has filed a wind-up application against the airline. The case is set to be reviewed in a court hearing scheduled for 22 January 2025. The filing of a wind-up application typically indicates that a creditor believes the company is unable to meet its financial obligations. For…
IAG (UK) has made a significant commitment to developing a hub in Lisbon if it successfully acquires TAP Air Portugal. This pledge highlights IAG’s intention to enhance the operational capabilities of TAP while strengthening Lisbon’s position as a key aviation hub in Europe. TAP Air Portugal has long been a crucial player in connecting Europe with South America and…
Fly2Sky Airlines (Bulgaria) has announced the appointment of Oleg Novikov as its new Chief Operating Officer (COO). This strategic addition to the airline’s executive team highlights Fly2Sky’s focus on strengthening its operational capabilities as it continues to expand its market presence. With extensive experience in aviation operations, Novikov is expected to play a critical role in enhancing Fly2Sky’s operational…
Bees Airlines (Romania) has had its Air Operator Certificate (AOC) suspended by the Romanian Civil Aviation Authority (CAA) following the abrupt cancellation of all scheduled commercial flights. The suspension of the AOC marks a significant setback for Bees Airlines, halting its operations and raising concerns about its future viability. This decision by the Romanian CAA underscores the regulatory body’s commitment…
