Compass Cargo Airlines (Bulgaria) is evaluating options to either enter into a CMI (Crew, Maintenance, and Insurance) arrangement on behalf of a customer or to acquire its own Boeing 777 Freighter (B777F) aircraft. This move underscores the airline’s ambitions to expand its capabilities and meet growing demand in the air cargo market.
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Flyadeal, Saudi Arabia’s low-cost airline, is evaluating its options for introducing widebody aircraft into its fleet. CEO Steven Greenway has indicated that a decision will be made by the end of 2024. The airline is considering new Boeing 787 Dreamliners, new Airbus A330neos, or used B787-9s already available within the Saudia Group.
Togo-based ASKY Airlines, partially owned by Ethiopian Airlines, is strategically expanding its network with plans to secure new codeshare agreements with key African carriers. Currently, ASKY serves 29 African destinations with a fleet of 14 Boeing 737s. To support regional expansion, ASKY aims to negotiate codeshares with Mauritania Airlines, Afrijet, Air Senegal, and Royal Air…
Emirates, the UAE’s flagship carrier, reported strong financial results for the first half of 2024, with revenue up by 5%to $16.9 billion. The airline achieved a profit after tax of $2.4 billion, underscoring its robust financial health amid a competitive global aviation environment.
The Portuguese Court of Auditors has identified non-compliance by Portugalia Airlines concerning the requirement for prior inspection on two amendments to an ACMI (Aircraft, Crew, Maintenance, and Insurance) contract. The Court determined that Portugalia, a subsidiary of TAP Air Portugal, neglected to follow procedural compliance by omitting required inspections before implementing contract modifications. Accountability for…
Air Serbia and China Southern have entered into a codesharing agreement, aiming to improve air connectivity between Serbia and China. This collaboration marks a significant step in strengthening ties between the two countries, offering passengers seamless travel options and enhanced convenience.
The Board of Directors of LATAM Airlines Group, headquartered in Chile, has agreed to propose a substantial dividend payment totaling US$293 million, scheduled to be distributed on 22 April 2025.
