Air Transport Services Group (ATSG), a prominent U.S.-based provider of air cargo and leasing services, has entered into a definitive agreement to be acquired by investment firm Stonepeak in an all-cash transaction valued at approximately $3.1 billion. The deal, which is expected to close in the first half of 2025, will result in ATSG transitioning…
Congo Airways has officially announced that it will resume operations, with its first flight scheduled to take off on November 10, 2024. This marks a significant milestone for the national carrier of the Democratic Republic of the Congo, as it re-establishes its presence in the aviation market and aims to meet the travel needs of…
Wizz Air Holdings, the Hungarian low-cost carrier, reported notable growth in passenger traffic for October 2024, with a 4.1% increase to 5.6 million passengers. Alongside this rise in passenger numbers, Wizz Air also achieved a slight increase in load factor, reaching 92.9%, up by 0.4 percentage points from the previous year. The airline expanded its…
Ryanair Holdings, Ireland’s leading low-cost airline group, reported a significant increase in passenger traffic for October 2024, reaching 18.3 million passengers, a 7% rise compared to the same month in the previous year. Despite the higher volume, Ryanair maintained a stable load factor (LF) of 93%, showcasing its effective capacity management amid rising demand.
Lufthansa has announced the conversion of its Munich to Johannesburg and Munich to São Paulo routes into winter seasonal services, beginning March 30, 2025. Both routes will be operated with the Airbus A350-900, offering passengers a modern and comfortable long-haul travel experience on these popular routes to South America and Africa.
Iberia, Spain’s national carrier, is set to introduce Airbus A321XLR service on its routes from Madrid to Paris Charles de Gaulle (CDG) and Stockholm Arlanda by November 7, 2024. This deployment of the A321XLR will enhance Iberia’s connectivity across Europe, offering passengers greater comfort and efficiency on these popular routes.
Greater Bay Airlines, based in Hong Kong, is actively expanding its network in Japan with the recent launch of a new route connecting Hong Kong to Yonago. This addition marks a significant step in the airline’s strategic growth plan to increase connectivity between Hong Kong and popular Japanese destinations. As part of this initiative, Greater…
Fly Jinnah, Pakistan’s emerging low-cost carrier, has announced the launch of a new nonstop route connecting Lahore and Dammam, set to commence on November 16, 2024. This new service will be operated by the Airbus A320, adding to Fly Jinnah’s expanding network and offering travelers in Pakistan a direct link to Saudi Arabia.
British Airways has announced the return of its nonstop service between London Heathrow and Kuala Lumpur, set to resume on April 1, 2024. This route, operated by the Boeing 787 Dreamliner, will re-establish a direct link between the UK and Malaysia, catering to both business and leisure travelers seeking convenient travel options between these major…
Air Serbia is evaluating the possibility of introducing a new direct flight between Belgrade and Beijing in the summer of 2025. This prospective route would replace the recently discontinued service to Tianjin, allowing Air Serbia to maintain its presence in the Chinese market and strengthen connectivity between Serbia and China.
