Air France-KLM, the Franco-Dutch airline group, reported a 6.4% increase in fourth-quarter (4Q) 2024 revenues, reaching US$8.4 billion. Despite this revenue growth, the group recorded a net loss of US$22.4 million for the quarter. For the full year 2024, Air France-KLM achieved a 4.8% rise in revenues, totaling US$33.7 billion, with a net income of US$523.5 million. As of December 31, 2024, the group’s cash position stood at US$10…
Lufthansa (Germany) is set to undergo significant leadership changes within its Supervisory Board in May 2025, with Thomas Enders stepping down and Alexis von Hoensbroech emerging as the leading candidate to replace him. Additionally, Chairman Karl-Ludwig Kley is expected to vacate his position, with Christoph Franz likely to take over.
Air China has strengthened its regional fleet with the delivery of a COMAC C909, marking another step in the airline’s commitment to operational efficiency and network growth. The aircraft, bearing serial number 10177, is registered as B-332H and is powered by CF34-10A engines.
Turkish Airlines (THY) has had its request to operate five additional weekly flights to Canada from April 1, 2025, denied by Canadian authorities. The request, which sought extra-bilateral authority, was rejected as it would substantially modify the negotiated air service agreement outside of the formal renegotiation process.
El Al Airlines (Israel) has reached an agreement with the Israeli government to increase its financial contributiontoward security costs, starting in 2025. The new arrangement will gradually increase El Al’s share of these expenses, with the airline projected to pay approximately $10 million annually under the revised terms.
Turkish Airlines has made significant progress in reducing the number of grounded aircraft, with a decrease of ten in its fleet. The airline remains optimistic that additional aircraft will return to service in 2026, helping to stabilize operations amid ongoing supply chain and maintenance challenges.
Qatar Airways is set to announce a major widebody aircraft order in April 2025, as part of its ongoing fleet expansion and modernization strategy. The order is expected to enhance the airline’s long-haul capabilities, ensuring continued operational efficiency and network growth.
Czech Airlines has taken delivery of an Airbus A220-300, serial 55330, which will be operated by parent company Smartwings. The aircraft is powered by PW1500G engines, adding a new-generation, fuel-efficient narrowbody to its fleet. Aircraft Details Strategic Importance The A220-300 enhances Czech Airlines’ operational efficiency, offering improved fuel consumption and lower emissions. With Smartwings managing operations, the aircraft will support network expansion and fleet modernization.
Aircraft Engine Lease Finance (US) has acquired an Airbus A330-300, serial 1754, currently on lease to South African Airways (SAA). The acquisition expands the company’s widebody leasing portfolio.
Aeroflot Group (Russia) has announced a net profit of $618 million for the 2024 financial year, with total revenue reaching $9.6 billion. The results highlight Aeroflot’s strong financial rebound, driven by revenue growth, fleet optimization, and sustained passenger demand.
