Thai Airways is facing further delays in its ongoing business rehabilitation process as creditors who sought to revoke the resolution to amend the rehabilitation plan encountered a setback. The Central Bankruptcy Court has postponed their hearing to 21 January 2025, granting creditors additional time to prepare the necessary documentation.
Bahamasair, the national carrier of The Bahamas, is working to resolve supply chain delays impacting the servicing of its ATR fleet. The airline expects one of its three grounded ATRs to return to service this week, with the remaining two anticipated to be operational by early 2025. These delays are attributed to challenges in securing necessary parts and completing engine work.
Air Canada has announced its plan to transfer its B737 MAX fleet to its low-cost subsidiary, Air Canada Rouge, by 2028. This strategic move aims to streamline Rouge’s operations by eventually consolidating the unit to a single fleet type, enhancing operational efficiency and reducing costs. Meanwhile, the mainline Air Canada unit still has 12 more B737 MAX aircraft on order, ensuring continued modernization and…
Air Canada has unveiled its 2028 financial targets, outlining ambitious goals that include achieving US$21 billion in operating revenues, a minimum adjusted EBITDA margin of 17%, and approximately 5% free cash flow margin. These targets highlight the airline’s focus on long-term profitability and sustained financial growth.
Singapore Airlines Group has reported passenger traffic for November 2024, carrying a total of 3.3 million passengers. Despite the increase in passenger numbers, the Passenger Load Factor (PLF) experienced a slight dip of 0.8 points, settling at 87%.
Bhutan Airlines is set to expand its international operations with the launch of direct flights between Paro International Airport and Hong Kong. The new route is scheduled to commence on 27 January 2025, marking a significant step in the airline’s strategy to enhance connectivity and cater to increasing demand for travel between Bhutanand East Asia.
Korean Air has announced the promotion of its current president, Woo Kee-hong, to the position of Vice Chairman as part of the airline’s regular executive reshuffle scheduled for January 2025. This leadership change underscores Korean Air’s focus on strategic growth and operational excellence as it navigates the evolving global aviation landscape.
Ethiopian Airlines, Africa’s leading carrier, has taken delivery of a Boeing 767-300 Freighter (B767-300F), identified by serial number 67024. The aircraft is powered by CF6-80C2B6F engines, further strengthening the airline’s cargo operations and fleet capacity.
Uzbekistan Airways has announced the launch of its inaugural Tashkent–Sanya route, scheduled for 18 December 2024. The service will initially be operated with an Airbus A321neo, with a planned switch to the larger Boeing 787-8 shortly thereafter to accommodate growing passenger demand.
Turkish Airlines has announced the launch of new flights connecting Istanbul Airport to Benghazi, Libya, beginning 14 January 2025. The route will be operated with the airline’s Boeing 737-800 and Boeing 737-900 aircraft, marking a key addition to its network in North Africa.
