Emirates, the Dubai-based flag carrier, has announced a 20% rise in profit before tax, totaling $5.8 billion for the fiscal year ending 31 March 2025. This robust performance was supported by a 6% increase in revenue, which reached $34.9 billion, alongside a solid cash reserve of $13.5 billion.
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A US appeals court has rejected an attempt by American Airlines to overturn a judge’s decision that found its Northeast Alliance with JetBlue to be anticompetitive. This decision aligns with the US Department of Justice (DOJ), which had argued that the partnership restricted competition in the northeastern United States, ultimately disadvantaging consumers. The Northeast Alliance, which American Airlines and JetBlue had formed to expand…
GOL Linhas Aéreas Inteligentes, the Brazilian low-cost airline, has indicated that it may delay its planned exit from Chapter 11 bankruptcy proceedings in the United States unless it is able to secure the full $1.9 billion in required funding by May 15, 2025. To date, the airline has successfully secured $1.25 billion in investor commitments, leaving a funding gap…
China Southern Airlines recently took delivery of an Airbus A321neo with serial number 12322, further expanding its fleet with modern and efficient aircraft. The aircraft is powered by advanced LEAP-1A32 engines, manufactured by CFM International, known for their fuel efficiency and reduced emissions.
Tibet Airlines, a regional carrier based in Lhasa, China, has added a new Airbus A319neo to its fleet. The aircraft, bearing serial number 11926, is powered by LEAP-1A26 engines from CFM International, further supporting the airline’s modernization and high-altitude operational capabilities.
Pakistan’s government, in its bid to privatize Pakistan International Airlines (PIA), received only one bid from a shortlist of six potential bidders. Blue World City, a major real estate consortium with diversified interests, has emerged as the sole bidder for a 60% stake in PIA. This privatization aligns with Prime Minister Shehbaz Sharif‘s commitments to…
Camair-Co (Cameroon) has strengthened its fleet by adding a Boeing 737-700, serial 29346, on wet lease from Smartwings (Czechia). This aircraft will help the airline enhance operational flexibility and meet growing demand across its network.
