Copa Holdings Reports Decline in 3Q 2024 Profit

ByAdmin 22/11/202425/11/2024

Copa Holdings, the parent company of Copa Airlines based in Panama, reported a 22.1% decline in net profit for the third quarter of 2024, amounting to $146 million. The results reflect a 1.5% decrease in operating revenue, which totaled $854.7 million for the quarter. Despite the downturn, Copa Holdings maintains a strong financial position with $1.3 billion in cash, short-term, and long-term investments.

In order to view the full content as well as having access to our archives and receiving the daily newsletter, please REGISTER .

Airlines | Cancellation | Network

Eurowings Cancels Berlin-Ljubljana Route Plans

ByAdmin 16/12/202417/12/2024

Eurowings, the low-cost subsidiary of Lufthansa, has announced that it will no longer proceed with plans to launch flights between Berlin and Ljubljana, which were initially set to begin on 12 April 2025. The cancellation marks a change in the airline’s route development strategy and reflects shifting priorities within its network planning. No specific reasons for the decision have been…

Airlines | Financial

Aeromexico Launches $1.1 Billion Bond Offering to Refinance Debt

ByAdmin 29/10/202431/10/2024

Aeromexico has initiated a $1.1 billion bond offering aimed at refinancing its debt, specifically addressing $663 million in senior secured notes due in 2027.

Airbus | Airlines | Delivery | Fleet | Pratt & Whitney

United Airlines Adds A321neo to Fleet

ByAdmin 12/12/202413/12/2024

United Airlines (US) has welcomed a new addition to its fleet with the delivery of an A321neo, bearing serial number 12120. This advanced aircraft is equipped with PW1133G-JM engines, offering enhanced performance and fuel efficiency.

Corporation | General Electric | Maintenance | MRO | Partnership

GE Aerospace Signs MRO Offload Agreement with United Aerospace for LEAP Engines

ByAdmin 10/11/202410/11/2024

GE Aerospace, a major player in aviation engine manufacturing, has entered an MRO offload agreement with United Aerospace Maintenance Company based in Cyprus. This partnership will focus on providing quick turn workscopes for LEAP engines, allowing GE Aerospace to enhance its maintenance capabilities and improve turnaround times for customers. The LEAP engine, known for its fuel efficiency and advanced technology,…

Airlines | Financial

Azul Secured Finance Launches Note Exchange Offers

ByAdmin 18/12/202418/12/2024

Azul Secured Finance, a subsidiary of Azul (Brazil), has announced the commencement of exchange offers for Eligible Holders of its outstanding 11.500% Senior Secured Second Out Notes due 2029 and 10.875% Senior Secured Second Out Notes due 2030. These notes are to be exchanged for newly issued notes of the same respective terms and maturities. The initiative aims to provide greater flexibility…

Airbus | Airlines | Boeing | Fleet

Riyadh Air Plans B777X or A350-1000 Deal by 2Q 2025

ByAdmin 08/11/202412/11/2024

Riyadh Air, Saudi Arabia’s new national carrier, is reportedly working towards finalizing a major aircraft acquisition involving the Boeing B777X or the Airbus A350-1000 by the second quarter of 2025. This potential fleet expansion was disclosed by CEO Tony Douglas, who emphasized Riyadh Air’s commitment to establishing a modern, long-haul fleet capable of meeting future growth objectives.

Similar Posts