Finnair reported a modest revenue increase of 1.9% in the first quarter of 2025, reaching US$789.8 million, but still closed the quarter with an operating loss of US$60.7 million. The results reflect seasonal pressures combined with ongoing efforts to rebuild profitability following a period of prolonged headwinds.
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Mexicana, one of Mexico’s leading airlines, is currently undergoing a strategic review, according to the President of Mexico. The announcement follows the cancellation of multiple routes, which had sparked speculation about potential operational difficulties. However, the President dismissed these concerns, emphasizing that the airline is focused on future planning and development.
Norwegian has revised its 2024 group operating profit forecast to approximately US$161 million, reflecting a lower-than-expected performance. The adjustment is largely attributed to balance sheet changes resulting from the weakening of the Norwegian Krone (NOK) against the US Dollar (USD) during the fourth quarter of 2024.
TAAG Angola Airlines has announced that it will no longer proceed with its planned Luanda-Porto route, which was initially scheduled for launch on April 15, 2025. The cancellation reflects a change in TAAG’s network planning, possibly due to market conditions or operational adjustments. The decision affects TAAG’s anticipated expansion into Portugal’s Porto region, where the airline aimed to establish a…
Republique Gabonaise (US) has expanded its fleet with the addition of an ATR72-600, identified by serial number 1260. This turboprop aircraft, powered by PW127M engines, is a versatile addition that supports the airline’s operational needs.
China Aircraft Leasing Group Holdings Limited (CALC), based in Hong Kong, has announced the successful upsizing of its inaugural warehouse facility to US$700 million. This significant financial enhancement is supported by the participation of 20 leading banks from around the world.
ITA Airways, Italy’s national airline, has received another addition to its narrowbody fleet with the delivery of an Airbus A320neo, bearing serial number 12253. The aircraft is powered by CFM LEAP-1A engines, a key feature of the A320neo family known for efficiency and environmental performance.
