Air Tanzania is set to expand its network with the launch of a new route between Dar es Salaam and Johannesburg, scheduled to commence on November 30, 2024. The airline will operate this route with a Boeing 737-9, a model known for its fuel efficiency and passenger comfort, supporting Air Tanzania’s goal to provide a…
Air India has announced the cancellation of approximately 60 flights to and from major U.S. cities, including San Francisco, Washington D.C., Chicago, Newark, and New York, scheduled between November 15 and December 31. The cancellations come as the airline faces prolonged delays in aircraft maintenance and ongoing global supply chain disruptions, which have impacted its…
The potential privatization of Aerolineas Argentinas, the national airline of Argentina, is attracting significant interest from key players in the aviation industry. GOL Linhas Aéreas of Brazil, the UK-based Abra Group, and industry veteran German Efromovich are reported to be evaluating the opportunity to invest in the airline. However, before any transactions can take place,…
Turkish Airlines has strengthened its fleet with the recent delivery of an Airbus A321neo, serial number 12157, powered by Pratt & Whitney PW1133G-JM engines. This fuel-efficient aircraft aligns with Turkish Airlines’ growth strategy and its commitment to sustainable operations, enabling the airline to reduce fuel consumption and emissions across high-demand routes.
Bahamasair, the national airline of The Bahamas, is actively exploring options for modernizing its fleet, with the Boeing 737 MAX emerging as a primary contender. The airline’s current fleet includes Boeing 737-500 and 737-700 models, which are becoming less efficient compared to newer aircraft.
Aergo Capital Limited, a Dublin-based aircraft leasing company, has announced the acquisition of an Airbus A320-200 aircraft, bearing manufacturer serial number 5692. The aircraft, managed by SMBC Aviation Capital, is currently on lease to Iberia, Spain’s flagship carrier.
Air Canada has released its financial results for the third quarter of 2024, reporting operating revenues of $6.1 billion, a 4% decrease compared to the same period in 2023. The airline achieved an operating income of $1.04 billion and an adjusted EBITDA of $1.523 billion, reflecting year-over-year declines of $375 million and $307 million, respectively.
Air Vanuatu, the national airline of Vanuatu, has entered negotiations to sell a 49% minority stake to potential investors, with a focus on revitalizing its financial health and operational reach. The Vanuatu government plans to retain a controlling 51% majority, ensuring national oversight while allowing for strategic investment and expertise from private stakeholders. This move…
El Al, Israel’s flagship airline, has officially withdrawn its bid to acquire a 45% stake in Isracard, the country’s largest credit card company, citing challenges in meeting the regulatory and acquisition requirements before the October 31, 2024, deadline. This retraction marks a strategic shift for El Al, which had initially sought the acquisition to diversify…
