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Avianca Reports $58 Million Net Profit for Q3 2024

Avianca Group International (Colombia) has reported strong financial results for the third quarter of 2024, posting a net profit of $58 million. The airline also saw a 17.6% increase in total operating revenues, reaching $1.3 billion, and ended the quarter with a robust cash position of $1.1 billion.

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My Freighter Plans Global Expansion with New AOCs and Fleet Growth

My Freighter (Uzbekistan) has unveiled ambitious plans to globalize its operations, including obtaining Air Operator Certificates (AOCs) in Hungary and Saudi Arabia. As part of this strategy, the carrier also aims to expand its fleet to 20 cargo aircraft by 2026, strengthening its position in the global air cargo market.