Ewa Air, based in Mayotte, has announced the appointment of Drissa Samake as its new Chief Executive Officer (CEO). The leadership change comes as the airline prepares to close the 2024-25 fiscal year with a slight deficit, reflecting ongoing financial challenges in the regional aviation market.
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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.
GOL Linhas Aéreas Inteligentes (GOL), a major Brazilian airline, reported an improvement in its 3Q 2024 financial results with a net loss reduction of 36.2%, bringing the loss to $144 million. This improvement is accompanied by a 6.3% increase in net revenue, totaling $861 million for the quarter. GOL’s total cash holdings at the end of 3Q 2024 were reported at $329 million, indicating solid liquidity…
Air Serbia achieved notable passenger growth in October 2024, carrying a total of 381,386 passengers across its scheduled and charter services. This figure marks a 4% increase compared to October of the previous year, highlighting the airline’s steady recovery and expansion in the regional and international markets.
Vietnam Airlines is seeking to bolster its financial standing through a proposed share issuance plan aimed at raising capital from existing shareholders. Lawmakers in Vietnam are currently evaluating options to facilitate this initiative, which could significantly strengthen the national carrier’s fiscal resilience and operational capabilities.
Avianca Group International (Colombia) has announced a strategic partnership with MRO Holdings (Panama), marking a significant development in its aircraft maintenance operations. Under this agreement, MRO Holdings will take over as the operator of Avianca’s Medellin-based MRO facility.
Lufthansa Technik, a leading MRO provider based in Germany, and LOT Polish Airlines are strengthening their partnership through an expanded cooperation agreement. The latest collaboration focuses on MRO services for LEAP-1B engines, which power LOT’s Boeing 737 MAX fleet.
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.
GOL Linhas Aéreas Inteligentes (GOL), a major Brazilian airline, reported an improvement in its 3Q 2024 financial results with a net loss reduction of 36.2%, bringing the loss to $144 million. This improvement is accompanied by a 6.3% increase in net revenue, totaling $861 million for the quarter. GOL’s total cash holdings at the end of 3Q 2024 were reported at $329 million, indicating solid liquidity…
Air Serbia achieved notable passenger growth in October 2024, carrying a total of 381,386 passengers across its scheduled and charter services. This figure marks a 4% increase compared to October of the previous year, highlighting the airline’s steady recovery and expansion in the regional and international markets.
Vietnam Airlines is seeking to bolster its financial standing through a proposed share issuance plan aimed at raising capital from existing shareholders. Lawmakers in Vietnam are currently evaluating options to facilitate this initiative, which could significantly strengthen the national carrier’s fiscal resilience and operational capabilities.
Avianca Group International (Colombia) has announced a strategic partnership with MRO Holdings (Panama), marking a significant development in its aircraft maintenance operations. Under this agreement, MRO Holdings will take over as the operator of Avianca’s Medellin-based MRO facility.
Lufthansa Technik, a leading MRO provider based in Germany, and LOT Polish Airlines are strengthening their partnership through an expanded cooperation agreement. The latest collaboration focuses on MRO services for LEAP-1B engines, which power LOT’s Boeing 737 MAX fleet.
