China Eastern Airlines, one of the major carriers in Asia, has reported a substantial decrease in its net loss for the year 2024. The airline’s net loss was recorded at US$578 million, which represents a reduction of almost 50% from the previous year’s figures.
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Austrian Airlines has reported an 8% rise in adjusted earnings before interest and taxes (EBIT), reaching $150.2 million, for its latest financial period. This growth comes on the back of a 6% increase in total revenue, which climbed to $846 million.
Fly Modern Ark, a South African aviation investment firm, has identified a need for more than €9 million to support the financial and operational recovery of Linhas Aéreas de Moçambique (LAM). The proposed investment aims to address immediate cash flow challenges and establish a sustainable path forward for Mozambique’s national airline. Having previously collaborated with…
Sun Country Airlines Holdings posted its financial results for the third quarter of fiscal 2024, showing a modest 0.2% increase in total operating revenue, totaling $249.5 million. Despite this slight revenue growth, the airline saw a sharp 69.1% decline in net income, ending the quarter with $2.3 million in profits. This decline in net income…
easyJet, the UK-based low-cost carrier, has expanded its fleet with the addition of a new Airbus A320neo, serial number 12383. This aircraft is powered by LEAP-1B26 engines, known for their exceptional fuel efficiency and reduced environmental impact.
Maroomba Airlines has confirmed a change in ownership, with a group led by Phil Garcia, Stephanie Garcia, Michael Evans, and Katrina Evans taking over the Australian regional airline. The new owners bring experience in aviation and business leadership, positioning the airline for strategic growth and operational continuity.
Deucalion Aviation (UK) has successfully delivered an Airbus A321 to Turkish Airlines on a long-term operating lease, further strengthening its collaboration with the Turkish flag carrier. The aircraft, manufactured in 2012, is equipped with V2527-A5 engines, known for their reliability and efficiency in medium-haul operations.
Austrian Airlines has reported an 8% rise in adjusted earnings before interest and taxes (EBIT), reaching $150.2 million, for its latest financial period. This growth comes on the back of a 6% increase in total revenue, which climbed to $846 million.
Fly Modern Ark, a South African aviation investment firm, has identified a need for more than €9 million to support the financial and operational recovery of Linhas Aéreas de Moçambique (LAM). The proposed investment aims to address immediate cash flow challenges and establish a sustainable path forward for Mozambique’s national airline. Having previously collaborated with…
Sun Country Airlines Holdings posted its financial results for the third quarter of fiscal 2024, showing a modest 0.2% increase in total operating revenue, totaling $249.5 million. Despite this slight revenue growth, the airline saw a sharp 69.1% decline in net income, ending the quarter with $2.3 million in profits. This decline in net income…
easyJet, the UK-based low-cost carrier, has expanded its fleet with the addition of a new Airbus A320neo, serial number 12383. This aircraft is powered by LEAP-1B26 engines, known for their exceptional fuel efficiency and reduced environmental impact.
Maroomba Airlines has confirmed a change in ownership, with a group led by Phil Garcia, Stephanie Garcia, Michael Evans, and Katrina Evans taking over the Australian regional airline. The new owners bring experience in aviation and business leadership, positioning the airline for strategic growth and operational continuity.
Deucalion Aviation (UK) has successfully delivered an Airbus A321 to Turkish Airlines on a long-term operating lease, further strengthening its collaboration with the Turkish flag carrier. The aircraft, manufactured in 2012, is equipped with V2527-A5 engines, known for their reliability and efficiency in medium-haul operations.
Austrian Airlines has reported an 8% rise in adjusted earnings before interest and taxes (EBIT), reaching $150.2 million, for its latest financial period. This growth comes on the back of a 6% increase in total revenue, which climbed to $846 million.
Fly Modern Ark, a South African aviation investment firm, has identified a need for more than €9 million to support the financial and operational recovery of Linhas Aéreas de Moçambique (LAM). The proposed investment aims to address immediate cash flow challenges and establish a sustainable path forward for Mozambique’s national airline. Having previously collaborated with…
Sun Country Airlines Holdings posted its financial results for the third quarter of fiscal 2024, showing a modest 0.2% increase in total operating revenue, totaling $249.5 million. Despite this slight revenue growth, the airline saw a sharp 69.1% decline in net income, ending the quarter with $2.3 million in profits. This decline in net income…
easyJet, the UK-based low-cost carrier, has expanded its fleet with the addition of a new Airbus A320neo, serial number 12383. This aircraft is powered by LEAP-1B26 engines, known for their exceptional fuel efficiency and reduced environmental impact.
Maroomba Airlines has confirmed a change in ownership, with a group led by Phil Garcia, Stephanie Garcia, Michael Evans, and Katrina Evans taking over the Australian regional airline. The new owners bring experience in aviation and business leadership, positioning the airline for strategic growth and operational continuity.
Deucalion Aviation (UK) has successfully delivered an Airbus A321 to Turkish Airlines on a long-term operating lease, further strengthening its collaboration with the Turkish flag carrier. The aircraft, manufactured in 2012, is equipped with V2527-A5 engines, known for their reliability and efficiency in medium-haul operations.
