GOL Linhas Aéreas, a major low-cost airline based in Brazil, has taken delivery of a Boeing B737-8, serial 44040, on lease. The aircraft is powered by LEAP-1B engines from CFM International, representing the latest in fuel-efficient single-aisle propulsion technology.
Norwegian has outlined a new initiative known as Program X, aiming to significantly boost its long-term financial performance. The program, announced as part of its strategic planning, sets a clear goal of delivering a profit improvement exceeding $96.4 million annually starting from 2026. This target marks a critical step in Norwegian’s post-pandemic recovery efforts and reflects a broader trend…
Frontier Airlines, a major U.S. ultra-low-cost carrier, has expanded its narrowbody fleet with the delivery of an Airbus A321neo, serial number 12486, powered by PW1133G-JM engines. This latest addition reflects the airline’s ongoing strategy of fleet modernization and capacity growth across its domestic and international routes.
flynas, the Saudi Arabian low-cost carrier, has expanded its modern narrowbody fleet with the delivery of one Airbus A320neo, identified by serial number 12614 and powered by LEAP-1A26 engines. This latest addition reinforces flynas’ ongoing commitment to operate a young and fuel-efficient fleet optimized for regional and international connectivity.
Norwegian Group has posted a net loss of $73.4 million for the first quarter of 2025, based on operating revenue of $639 million. The report reflects ongoing cost pressures and seasonal demand fluctuations typical of the first quarter, particularly in Europe’s low-cost air travel sector.
Jetstar, the low-cost subsidiary of Qantas Group, has taken delivery of a new Airbus A321neo, serial number 12159, equipped with CFM International LEAP-1A32 engines. This aircraft enhances the carrier’s capacity on high-density domestic and short-haul international routes from Australia.
Southwest Airlines, the largest domestic carrier in the U.S., has appointed Brian Kilburn as its new Vice President of Cargo, Provisioning, and Ground Support Equipment, marking a key leadership transition within its operations division. Kilburn steps into the role following the retirement of Wally Devereaux, a long-serving executive known for developing Southwest’s cargo division into a reliable revenue stream.
Vietjet, the Vietnamese low-cost carrier, has posted strong financial results for the first quarter of 2025, with a 24% increase in consolidated pre-tax profit, reaching $32.1 million. This performance is built on total revenues of $690.5 million, reflecting solid demand and improved operational efficiencies.
GOL Linhas Aéreas, the Brazilian low-cost carrier, has secured a critical agreement with key creditors that paves the way for its emergence from Chapter 11 bankruptcy protection, likely by June 2025. The agreement includes an additional $125 million in financing, bringing the total raised through the restructuring process to at least $1.37 billion.
Grupo Viva Aerobus, the Mexican low-cost carrier, has reported a difficult first quarter for 2025 with total operating revenues down 20.7% to $491 million, accompanied by a net loss of $42 million. Despite the downturn, the airline maintains a strong cash and cash equivalents position of $780 million, which provides a cushion for near-term operations.
