Cayman Islands Seeks US$183 Million Loan Facility for Cayman Airways Expansion
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Breeze Airways, a U.S.-based low-cost carrier founded by JetBlue founder David Neeleman, has further expanded its modern fleet with the delivery of one Airbus A220-300, bearing manufacturer serial number (MSN) 55345. This aircraft is powered by Pratt & Whitney PW1500G engines, known for their fuel efficiency, lower emissions, and reduced noise footprint, making it a key asset in…
Air Montenegro has announced that it will not resume its seasonal flights between Podgorica and Ostrava for the 2025 summer season. The decision marks a shift in the airline’s network planning as it continues to evaluate its operational priorities.
Spirit Airlines (US) has reported a net loss of $138.3 million for January 2025, reflecting ongoing financial challenges and operational pressures. Despite the loss, the airline generated $347.4 million in gross income during the month and began with a cash balance of $1.14 billion, providing financial flexibility to navigate market conditions.
airBaltic (Latvia) has entered a strategic partnership with SUA Lineas Aereas (Uruguay), expanding its leasing operations into South America. As part of the agreement, airBaltic plans to wet lease up to five Airbus A220-300 aircraft to SUA starting October 2025, marking an important step in its ACMI (Aircraft, Crew, Maintenance, and Insurance) leasing strategy.
AirBridgeCargo, a major Russian cargo airline, has had its Air Operator Certificate (AOC) suspended by Rosaviatsia, Russia’s Federal Air Transport Agency. The suspension follows a prolonged halt in operations, as AirBridgeCargo has not conducted any flights since March 2022. This development effectively grounds the airline, preventing it from resuming operations until the AOC is reinstated. The suspension reflects Rosaviatsia’s…
Air Serbia has announced its expectations for 2025, forecasting that the airline will carry over 4.7 million passengersduring the calendar year. Accompanying this ambitious traffic target, the airline projects revenue to surpass $806 million, a significant step forward from its previous benchmarks and a strong indication of its growing market presence and operational momentum.