Embraer has reported a strong start to 2025 with first-quarter revenues rising 23% year-on-year to $1.1 billion, highlighting a healthy market for both its commercial and defense aviation segments. The Brazilian aerospace manufacturer also posted a net income of $73.4 million for the quarter, underscoring an overall positive financial performance.
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Azul, Brazil’s leading airline, has announced expectations for a 6% increase in capacity in 2024 compared to the previous year, reflecting its strategic efforts to expand operations and meet demand in key domestic and international markets. Azul also projects EBITDA to exceed $1 billion for 2024, with anticipated growth to reach $1.2 billion in 2025. This financial outlook highlights Azul’s strong performance trajectory, underscoring its…
Sky Alps, an airline operating out of Italy, is currently facing delays in returning its fleet of seven Q400 aircraft to service. These aircraft have been grounded for several months, and the airline does not anticipate a resumption of operations for these models in the near future, as it navigates through stringent safety measures imposed by the…
Emirates, the flagship airline of the United Arab Emirates, has affirmed its strong financial footing, with Chairman Sheikh Ahmed bin Saeed Al Maktoum stating that an initial public offering (IPO) would be executed if mandated by the government. This marks one of the clearest indications yet that a public listing of the airline could be on the table in…
Fly2Sky, a Bulgarian charter airline, has signed a three-year wet lease agreement with SkyUp Airlines of Ukraine, providing aircraft to support SkyUp’s growing operations. The deal includes the wet lease of two Airbus A320s for the full three years and two Airbus A321s, which will remain in service until October 31, 2025.
The bankruptcy administrator of Aviogenex, a former Serbian charter airline, has announced plans to sell one Boeing 737-200, serial 23912, for $431,000 in Q2 2025. This sale is part of the company’s ongoing asset liquidation following its financial collapse.
Total Linhas Aereas, a Brazilian airline, faced a critical incident when its Boeing 737-400F, identified by serial 26299, landed at Sao Paulo with an active fire in its cargo hold. Fortunately, the crew was able to escape the aircraft without injury. However, the aircraft sustained significant structural damage due to the blaze. This incident highlights the risks associated with…
