flydubai has announced a record profit before tax of $674 million, a 16% increase from the previous year, for the financial year ending December 31, 2024. The airline also saw a 15% rise in revenue, reaching $3.5 billion, reflecting robust demand and network expansion.
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Silk Avia, Uzbekistan’s regional airline and a member of the Uzbekistan Airways Group, is set to bolster its fleet with the addition of new ATR 72-600 aircraft. This strategic move aims to support the airline’s expanding route network and accommodate increasing passenger demand.
BermudAir has successfully raised an additional $2 million through a tokenized bond issuance, bringing the total funding raised from this initiative to $3 million since May 2024. The Bermuda-based airline initially garnered $1 million earlier this year, and this latest funding round will bolster BermudAir’s ambitions to expand its fleet and add new routes, positioning it for growth in the…
PAL Holdings, the parent company of Philippine Airlines, reported a net profit of US$77 million for the first quarter of 2025, supported by a 2.5% revenue increase to US$834.2 million. The results underscore the group’s ongoing recovery momentum in the Southeast Asian aviation market.
Air China has reported impressive growth in operational metrics for October 2024, highlighting a significant recovery and strong demand across its network. The carrier recorded a 14.5% increase in Available Seat Kilometers (ASKs) and a 22.1% rise in Revenue Passenger Kilometers (RPKs) compared to the same period in 2023.
United Airlines To Receive Boeing 737 MAX 9 MSN 43529 as the carrier continues expanding and modernizing its narrowbody fleet with the latest generation aircraft from Boeing.
Nordic Aviation Group, a key player in Estonia’s aviation sector, has been declared bankrupt by the Harju County Court. The ruling is subject to immediate enforcement, marking a significant development for the airline and its stakeholders.
