Cebu Air Reports 9M 2024 Revenue Growth Despite Profit Decline

ByAdmin 15/11/202419/11/2024

Cebu Air, the Philippines’ largest airline, has reported its 9M 2024 financial results, highlighting an 11% increase in total revenue to $1.26 billion compared to the same period in the previous year. However, the airline’s net income fell by 33%, settling at $57.8 million. This mixed performance reflects both the recovery in travel demand and ongoing operational cost pressures impacting profitability.

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Allegiant Retires A320s, Takes First 737 MAX with 2025 Fleet Expansion Plans

ByAdmin 05/11/202407/11/2024

Allegiant, a U.S.-based low-cost carrier, has initiated a significant shift in its fleet composition. During the third quarter of 2024, Allegiant retired four Airbus A320s, marking the beginning of a phased transition to the Boeing 737 MAX. The airline recently took delivery of its first 737 MAX, with plans to receive an additional 11 MAX…

Airlines | Delivery | Embraer | Fleet | Pratt & Whitney

Azul Takes Delivery of E195-E2 Aircraft

ByAdmin 01/01/202503/01/2025

Azul, a prominent Brazilian carrier, has added a new E195-E2 aircraft to its fleet. The aircraft, bearing serial number 19020149, has been acquired on lease and is equipped with the advanced PW1900G engines, known for their fuel efficiency and reduced environmental impact.

Financial | Management

Avianca Midco 2 Offers Note Exchange for Senior Secured Notes

ByAdmin 15/01/202517/01/2025

Avianca Group International‘s subsidiary, Avianca Midco 2, has officially announced an offer to exchange any and all of its outstanding 9.000% Tranche A-1 Senior Secured Notes for newly issued 9.000% Senior Secured Notes, both maturing in 2028. This exchange aims to provide enhanced financial flexibility and optimize the company’s capital structure.

Airbus | Airlines | Boeing | Crisis

Emirates Hints at Expanding A350 Order Amid Boeing Delays

ByAdmin 28/11/202402/12/2024

Emirates (UAE) has suggested the possibility of increasing its current order of 65 Airbus A350 aircraft, signaling a strategic shift in fleet planning as the airline navigates delivery delays for its ordered Boeing 777X and B787 models. This move highlights Emirates’ focus on maintaining capacity growth and operational resilience.

Corporation | Traffic

IBA Reports Global Airline Capacity Exceeds Pre-Pandemic Levels in 2024

ByAdmin 06/11/202408/11/2024

IBA, a leading aviation consultancy based in the UK, has reported that airline capacity in 2024 has surpassed 2019 pre-pandemic levels across all regions. Key metrics show significant growth, reflecting a robust recovery in global air travel. Available Seat Kilometers (ASKs) rose by an impressive 104%, highlighting a substantial increase in capacity compared to the previous year. Additionally, revenue grew by an average of 23.1% in…

Airlines | Flag Carrier | Fleet

Lufthansa Group Optimizes Capacity Growth with More Efficient Airlines

ByAdmin 08/03/202511/03/2025

Lufthansa Group is adjusting its capacity growth strategy by focusing on more cost-efficient AOCs (Air Operator Certificates) within its network. In 2025, the group will add 15 new aircraft to its City Airlines and Discover Airlinessubsidiaries, both of which offer lower operating costs compared to the main Lufthansa brand. This strategic shift aims to improve cost efficiency and maximize profitability while maintaining network expansion.

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