Fly Modern Ark (South Africa) has unveiled a strategic initiative to relaunch and rejuvenate SA Express Airways, a move aimed at restoring the airline’s legacy as a premier regional carrier in Southern Africa. This ambitious plan highlights Fly Modern Ark’s commitment to revitalizing a key player in the region’s aviation landscape.
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Guatemala’s TAG Airlines recently presented its fleet modernization strategy for 2024 at the Latin American and Caribbean Air Transport Association (ALTA) meeting held in Nassau, Bahamas. The plan includes integrating ATR-72 aircraft, renowned for their efficiency, ecological benefits, and safety, to enhance the airline’s regional service quality and reliability. With an existing fleet of eight…
Vietnam Airlines has disclosed in its 2024 consolidated financial report that it received a $4.1 billion loan from HSBC Vietnam Bank, with an interest rate of 7%. The loan reflects a significant financial move by the flag carrier as it continues efforts to recover from the pandemic’s long-term effects and stabilize its operations.
China Cargo Airlines, a leading cargo carrier based in China, has announced plans to add four more Boeing 777 Freighters (B777Fs) to its fleet by the end of 2025. This expansion will increase the airline’s total freighter fleet to 18 units, enhancing its capacity to meet growing demand for air cargo services.
SWISS, the flag carrier of Switzerland, has received a new Airbus A321neo, identified by serial number 12498. The aircraft is powered by PW1133G-JM engines, part of the Pratt & Whitney GTF engine family, designed for improved fuel efficiency and reduced emissions.
Skymark Airlines, one of Japan’s prominent domestic carriers, has reported its financial results for the fiscal year ending March 2025. The airline posted a net profit of $14.6 million, reflecting a 28.4% decrease compared to the previous year, even as total revenue increased by 4.6% to $742 million.
Madagascar Airlines is actively seeking financial support from the World Bank to facilitate its growth strategy, which includes expanding its fleet to seven aircraft by 2027. The move underlines the airline’s intent to improve its connectivity and service capacity across both domestic and regional markets.
