Cathay Pacific is expanding its network for summer 2025 with the launch of direct flights from Hong Kong to Munichand the resumption of flights to Brussels. The airline will operate these routes with its state-of-the-art A350-900 aircraft, emphasizing efficiency and passenger comfort.
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IndiGo, India’s largest airline by market share, is exploring the possibility of extending the wet lease for two Boeing 777aircraft, originally leased from Turkish Airlines. With the existing lease set to expire this week, IndiGo is coordinating with the civil aviation ministry to assess the feasibility of continuing the arrangement. The B777 aircraft have enabled IndiGo to operate long-haul flights efficiently,…
El Al, Israel’s flagship airline, has officially withdrawn its bid to acquire a 45% stake in Isracard, the country’s largest credit card company, citing challenges in meeting the regulatory and acquisition requirements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…
Beond, a luxury airline based in the Maldives, has announced plans to expand its fleet to 27 aircraft within the next four years. By 2028, the carrier aims to operate flights to 54 destinations across 39 countries, reflecting its ambitious growth strategy to establish a significant presence in the global aviation market.
Aircastle (US) has completed the delivery of its first Boeing 737-9 MAX to United Airlines (US), marking the start of a series of six planned deliveries in 2024 and 2025. This aircraft is the first of the new MAX 9s that will join United’s growing fleet as part of its ongoing modernization and expansion efforts.
Fly Modern Ark (South Africa) has unveiled a strategic initiative to relaunch and rejuvenate SA Express Airways, a move aimed at restoring the airline’s legacy as a premier regional carrier in Southern Africa. This ambitious plan highlights Fly Modern Ark’s commitment to revitalizing a key player in the region’s aviation landscape.
GOL Linhas Aéreas Inteligentes (GOL), a major Brazilian airline, reported an improvement in its 3Q 2024 financial results with a net loss reduction of 36.2%, bringing the loss to $144 million. This improvement is accompanied by a 6.3% increase in net revenue, totaling $861 million for the quarter. GOL’s total cash holdings at the end of 3Q 2024 were reported at $329 million, indicating solid liquidity…
