Air New Zealand has expanded its fleet with the delivery of a new ATR72-600, identified by serial number 1709. This aircraft, powered by PW127M engines, continues the airline’s commitment to modernizing its regional operations with fuel-efficient and reliable aircraft.
Air Canada has expanded its fleet with the addition of an Airbus A321, identified by serial number 5377. The aircraft, acquired on lease, is powered by CFM56-5B3/3 engines, renowned for their efficiency and reliability.
Pakistan International Airlines (PIA) is set to expand its international operations with the introduction of new routes connecting Sialkot to Bahrain and Doha. These flights, scheduled to commence in late January 2025, will be operated using the Airbus A320.
Pakistan International Airlines (PIA), the national flag carrier, is poised for privatization, marking a major step in its restructuring. The government has announced plans to remove the airline’s existing liabilities, making it more attractive to potential investors.
Boliviana de Aviación (BoA), Bolivia’s flag carrier, has announced that it has sufficient liquidity to address its US$38 million debt obligations. The declaration comes amid increasing scrutiny from politicians and public calls for transparency regarding the airline’s financial health.
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%.
