Fly All Ways, an airline based in Suriname, has taken delivery of its first Airbus A320. This marks a significant milestone in the carrier’s expansion plans, as the aircraft will support operations across key destinations in the Caribbean, South America, and North America.
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PLAY (Iceland) reported carrying 99,393 passengers in November 2024, reflecting a 17% decline compared to the same month last year. Despite the drop in passenger numbers, the airline achieved a 7.9-point increase in load factor (LF), which rose to 82.4%.
Avia Solutions Group, based in Ireland, has made a significant fleet expansion commitment by ordering 80 Boeing 737 MAX aircraft. The order includes 40 firm orders and an additional 40 purchase rights, offering the company flexibility to scale its fleet in response to future market demands. Scheduled for delivery starting in 2030, this order marks a major milestone for Avia Solutions Group,…
Ryanair Holdings, the prominent low-cost airline group based in Ireland, has reported an 18% decrease in after-tax profit for the first half of its fiscal year 2025, totaling $1.9 billion. This comes alongside a modest 1% increase in total revenue, which reached $9.4 billion. Despite the profit decline, Ryanair remains committed to its financial strategies,…
Spirit Airlines is reportedly preparing to file for bankruptcy protection within the coming weeks following the breakdown of merger negotiations with Frontier Airlines. The airline is engaged in advanced discussions with bondholders to develop a bankruptcy plan expected to gain majority support from creditors. This decision underscores Spirit’s need for financial restructuring as it faces operational and market challenges, heightened by…
Korean Air has announced the promotion of its current president, Woo Kee-hong, to the position of Vice Chairman as part of the airline’s regular executive reshuffle scheduled for January 2025. This leadership change underscores Korean Air’s focus on strategic growth and operational excellence as it navigates the evolving global aviation landscape.
Pegasus Airlines (Turkiye) has expanded its fleet with the addition of a new Airbus A321neo, identified by serial number 12071. The aircraft, powered by LEAP-1A32 engines, is part of Pegasus’ ongoing efforts to modernize its fleet and improve operational efficiency.
