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Ethiopian Airlines Minimally Affected by Currency Depreciation in 2024

Ethiopian Airlines Group, Africa’s largest airline, has reported a minimal financial impact from the more than 50% depreciation of the Ethiopian birr in 2024. The airline attributes this resilience to its robust income from international operations, which has effectively offset the currency’s sharp decline.

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MASwings to Transfer Ownership to Sarawak Government by End of 2024

MASwings, a Malaysian regional airline, is set to transition its ownership to the Sarawak regional government by December 31, 2024. This move involves a formal sale from Malaysia Aviation Group (MAG), marking a significant milestone in the airline’s operational history. The ownership transfer process is expected to span nine months following the sale.

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Thai AirAsia X to Launch Nonstop Flights to Delhi in December 2024

Thai AirAsia X, a prominent low-cost long-haul carrier, has announced the launch of a new nonstop service between Bangkok Don Mueang (DMK) and Delhi (DEL). The service is set to commence on December 15, 2024, and will be operated using the airline’s Airbus A330-300 aircraft.

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Oman Air to Resume Muscat-Singapore Flights in September 2025

Oman Air has announced plans to resume its Muscat-Singapore service in September 2025, operating the route with its modern Boeing 787-9 Dreamliner aircraft. This development marks a significant step in reconnecting Oman with Southeast Asia, highlighting the airline’s focus on expanding its international network.

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Air China Records Strong October 2024 Performance Metrics

Air China has reported impressive growth in operational metrics for October 2024, highlighting a significant recovery and strong demand across its network. The carrier recorded a 14.5% increase in Available Seat Kilometers (ASKs) and a 22.1% rise in Revenue Passenger Kilometers (RPKs) compared to the same period in 2023.

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Spirit Airlines Secures Restructuring Agreement and Initiates Chapter 11 Process

Spirit Airlines, a prominent U.S.-based carrier, has announced a restructuring support agreement (RSA) as part of a comprehensive plan to strengthen its balance sheet and streamline operations. The agreement has received backing from a supermajority of Spirit’s loyalty and convertible bondholders, paving the way for significant financial restructuring.

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Total Linhas Aéreas to Reactivate ATR 42-500 Aircraft After 10-Year Hiatus

Total Linhas Aéreas, a Brazilian airline, is set to reactivate its ATR 42-500 aircraft, serial number 610, which has been grounded since 2014. The aircraft was initially taken out of service following a takeoff incident at Urucu Airport, where it collided with an animal on the runway, resulting in significant damage.