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Etihad Triples 2024 Net Profit to $476M, Eyes 1Q 2025 IPO

Etihad (UAE) has reported a significant surge in profitability for 2024, with net profit tripling to $476 million and revenues increasing 25% to $6.9 billion. The airline’s financial performance underscores strong passenger demand, strategic cost efficiencies, and expansion in key markets.

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Thai Airways Plans Expansion After Debt Restructuring

Thai Airways International is preparing for a major international expansion as it nears the completion of its debt restructuring process in late 2025. Debt administrator Piyasvasti Amranand has outlined plans for network growth, positioning the airline for stronger global competition.

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LAM Shortlists 14 Companies for E190 and B737-700 Acquisition

LAM (Mozambique) has shortlisted 14 companies in the first phase of its tender process to acquire Embraer E190 and Boeing B737-700 aircraft. The number of aircraft to be acquired is expected to be between three and eight, supporting the airline’s fleet modernization and expansion strategy.