EVA Air Reports Strong Q3 2024 Financial Results

ByAdmin 17/11/202419/11/2024

EVA Air, a leading airline based in Taiwan, has reported impressive financial results for Q3 2024, showcasing significant growth in both revenue and net income. The airline’s revenue increased by 7.3% year-over-year to reach $1.76 billion, while its net income surged by 51%, totaling $276.3 million. These results underscore EVA Air’s strong operational performance and effective cost management strategies.

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TAAG Angola Considers Expanding Fleet with Additional B737-800BCF and Widebody Freighter

ByAdmin 31/10/202403/11/2024

TAAG Angola Airlines is evaluating the addition of a second Boeing 737-800BCF (Boeing Converted Freighter) and potentially a widebody freighter as it seeks to meet the growing demand for air cargo transport across Africa and beyond. This prospective fleet expansion would enhance TAAG’s capacity to handle increased cargo volumes on regional routes while also supporting…

Airlines | Crisis | Debt | Financial

Air Nostrum Faces Challenges in Meeting Debt Repayments

ByAdmin 09/12/202411/12/2024

Air Nostrum (Spain) has announced its inability to meet upcoming debt repayment deadlines, prompting discussions with the Sociedad Estatal de Participaciones Industriales (SEPI) and the Instituto de Crédito Oficial (ICO). The airline faces significant financial obligations, including substantial repayments spread over the coming years.

Airbus | Airlines | Network

Centrum Air to Launch Tashkent–Istanbul Sabiha Gokcen Flights

ByAdmin 29/11/202402/12/2024

Centrum Air (Uzbekistan) is set to launch a new route connecting Tashkent and Istanbul Sabiha Gokcen Airport on 2 December 2024. The flights will be operated with the modern and efficient Airbus A321neo, enhancing the airline’s international connectivity.

Corporation | Financial | Lessor

Avolon’s Strong Q3 2024 Performance with Increased Lease Revenue and Strategic Fleet Expansion

ByAdmin 30/10/202401/11/2024

Avolon Holdings Limited reported robust third-quarter 2024 financials, with lease revenue reaching $773 million, a testament to strong operational performance and increased demand for aircraft leasing. This quarterly revenue signifies a 5% year-over-year increase, driven by Avolon’s ongoing expansion of its high-utilization fleet. The company also recorded a net income growth for the period, reflecting…

Airlines | Network | Sukhoi

Azimuth Gains Approval for New International Routes

ByAdmin 16/12/202417/12/2024

Azimuth Airlines, a regional carrier based in Russia, has received approval to operate new international routes. The airline will connect Sochi and Mineralnye Vody with Riyadh and launch a route from Mineralnye Vody to Karshiusing the SJ-100 (Sukhoi Superjet 100). These approvals mark a significant milestone for Azimuth as it expands its network into the Middle East and Central Asia, catering to increasing demand for…

Aeromexico Takes Delivery of One B737-8

ByAdmin 12/12/202416/12/2024

Aeromexico has bolstered its fleet with the addition of one Boeing 737-8, serial 66641, powered by LEAP-1B28 engines. This delivery marks another step in Aeromexico’s ongoing efforts to modernize its fleet with fuel-efficient, next-generation aircraft.

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