Copa Holdings Reports October 2024 Traffic Increase with Slight Load Factor Decline

ByAdmin 14/11/202418/11/2024

Copa Holdings, the parent company of Copa Airlines, has reported its October 2024 traffic results, showing positive growth in Available Seat Miles (ASMs) and Revenue Passenger Miles (RPMs). ASMs saw an increase of 6.6%, while RPMs rose by 6.5% compared to the same period last year. However, the load factor (LF), which indicates how full flights are on average, experienced a slight decline of 0.2 percentage points, settling at 87.4%.

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Corporation | Lessor | Management

Azorra Names Damon D’Agostino as Chief Business Officer

ByAdmin 08/01/202512/01/2025

Azorra, a US-based aircraft leasing and finance company, has announced the appointment of Damon D’Agostino as its Chief Business Officer (CBO). This newly created role underscores Azorra’s focus on expanding its business operations and driving strategic growth initiatives.

Traffic

AAPA Reports 19.8% Rise in November 2024 Passenger Numbers

ByAdmin 07/01/202509/01/2025

The Association of Asia Pacific Airlines (AAPA) reported that its member airlines collectively carried 31.0 million international passengers in November 2024, representing a 19.8% increase compared to the same period last year. Revenue Passenger Kilometers (RPKs) grew by 21.7% year-on-year, reflecting the ongoing recovery of international travel demand in the region.

Airlines | Financial | Quarterly Performance

Southwest Airlines Lowers Q1 2025 Unit Revenue Growth Forecast, Ends Free Checked Baggage

ByAdmin 11/03/202513/03/2025

Southwest Airlines has revised its Q1 2025 unit revenue growth forecast, now expecting 2-4% growth, a reduction from its prior 5-7% range. The airline cites challenging market conditions and pricing pressures as key factors behind the adjustment, reflecting a more cautious outlook for the quarter.

Airlines | Crisis | Financial | Low Cost Carrier | Quarterly Performance

Spirit Airlines Reports Increased 3Q 2024 Losses

ByAdmin 26/11/202428/11/2024

Spirit Airlines (US) has reported its financial results for 3Q 2024, showing a mixed performance. While total operating revenues stood at $1.1 billion, marking a slight year-over-year decrease, the airline faced a significant net loss of $308 million, which nearly doubled compared to the same quarter in the previous year.

Airlines | Countries | Management

Virgin Australia Nears Approval for Long-Haul Services to Europe

ByAdmin 29/11/202402/12/2024

Virgin Australia is advancing its plans to reintroduce long-haul international services to Europe by June 2025. The airline is on track to receive approval from the Australian Competition and Consumer Commission (ACCC) for its proposed wet lease of aircraft from Qatar Airways.

Aeromexico Expands Fleet with New Boeing 737-9 Delivery

ByAdmin 13/03/202516/03/2025

Aeromexico has taken delivery of a new Boeing 737-9, registration XA-SGP, powered by CFM International LEAP-1B28 engines. This latest addition aligns with the airline’s ongoing fleet modernization efforts, improving fuel efficiency, range, and passenger capacity.

Corporation | Lessor | Management

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