Klaus-Michael Kuhne, a significant shareholder of Lufthansa Group, has publicly voiced concerns about a perceived decline in service quality at Lufthansa and its subsidiary, SWISS. In his statement, Kuhne highlighted dissatisfaction with operational standards and hinted at plans to exert greater influence on the airline’s management to address these issues.
LOT Polish Airlines, the national carrier of Poland, has strengthened its leadership team with the appointment of Jerzy Kurella and Piotr Karnkowski as new members of the airline’s management board. This strategic move is part of LOT’s efforts to enhance its governance and leadership capabilities as it navigates a competitive aviation landscape.
Garuda Indonesia, the national flag carrier of Indonesia, has announced the appointment of Wamildan Tsani Panjaitanas its new Chief Executive Officer (CEO), succeeding Irfan Setiaputra. This leadership change marks a pivotal moment for the airline as it seeks to navigate the challenges of the aviation industry and strengthen its position in the regional and global markets.
Air France has taken delivery of a new Airbus A220-300, identified by serial 55305, as part of its fleet modernization strategy. The aircraft is equipped with PW1500G engines, known for their exceptional fuel efficiency and reduced environmental impact. This latest addition highlights Air France’s ongoing commitment to operating a more sustainable and efficient fleet.
Aegean Airlines, Greece’s flagship carrier, has announced its financial results for the first nine months (9M) of 2024, showing mixed performance. The airline reported a 4% increase in consolidated revenue, reaching $1.46 billion, compared to the same period last year. However, its profit after tax fell by 23%, amounting to $139.9 million. Additionally, the company disclosed $807 million in cash, cash equivalents, and other financial…
ITA Airways, the national airline of Italy, has announced the launch of a new route from Rome Fiumicino to Tripoli Mitiga in Libya, set to begin on January 12, 2025. This route will be operated with an Airbus A319, which is well-suited for short to medium-haul flights and provides an efficient and comfortable experience for passengers. The new route reflects ITA Airways’ strategy…
Tunisair, Tunisia’s national carrier, has appointed Halima Khawaja as its new CEO as part of a broader management shakeup and restructuring effort aimed at improving the airline’s operations and financial performance. Khawaja steps into her role with a mandate to guide Tunisair through this critical period, focusing on streamlining processes and optimizing the carrier’s organizational structure to address long-standing challenges.
Royal Jordanian has announced it will begin taking delivery of its new A320neo fleet starting January 2025. The airline has committed to introducing 16 A320neo aircraft to its operations, with these additions set to gradually replace 13 older A320 models as part of a modernization strategy. This transition supports Royal Jordanian’s goals for operational efficiency and sustainability by incorporating fuel-efficient A320neo jets into…
Lufthansa has entered into a $400 million sale-leaseback agreement with an undisclosed lessor, covering three Airbus A321neo and five A320neo aircraft currently operated by Eurowings, its subsidiary in Germany. This strategic move provides Lufthansa with increased flexibility and liquidity while retaining operational control of these modern, fuel-efficient aircraft within the Eurowings fleet.
BOC Aviation, headquartered in Singapore, has announced the placement of six Airbus A321neo aircraft with Turkish Airlines. All six aircraft will be delivered in 2027 as part of BOC Aviation’s order book, marking a significant addition to Turkish Airlines’ fleet expansion plans. This agreement underscores the commitment of both companies to bolster their respective positions in the global aviation market.
