Global Crossing Airlines (USA) achieved a notable 23% increase in revenue for the third quarter of 2024, totaling $52.4 million. Despite this revenue growth, the airline’s net loss remained flat at $4.9 million, and it held $7.8 million in cash and restricted cash, underscoring its commitment to operational expansion and financial stability.
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Discover Airlines, a German airline, has expanded its fleet with the delivery of an Airbus A320, serial 8853, powered by CFM56-5B4/3 engines. The acquisition marks another step in the carrier’s fleet modernization strategy and commitment to efficient operations.
Air India and Virgin Australia have entered into a new codeshare partnership, enhancing connectivity between India and Australia. This agreement enables Air India to place its ‘AI’ flight code on select Virgin Australia domestic and regional flights, offering seamless travel options for passengers.
Deerjet MENA FZCO has announced the appointment of Carlos Schattenkirchner as its new Chief Commercial Officer (CCO). In this strategic leadership role, Schattenkirchner will oversee all commercial operations and lead strategic growth initiatives across the Middle East, Europe, and Africa, reinforcing the company’s position in the dynamic business aviation market.
Ryanair Holdings, the Ireland-based low-cost airline group, has lifted its prohibition on non-EU nationals purchasing ordinary shares. This decision ensures continued compliance with EU airline ownership and control regulations, allowing the company to maintain its operating licenses and market position.
SolitAir, a UAE-based cargo airline, has unveiled plans to expand its narrowbody freighter fleet to as many as 12 aircraft by the end of 2025, with further ambitions to add up to 10 more aircraft in 2026. The move reflects the airline’s proactive approach to scaling cargo capacity amid growing demand for regional and medium-haul logistics services.
Hainan Airlines (China) is set to launch a new international route between Haikou and Kuala Lumpur starting 30 May 2025, utilizing its fleet of Boeing 737-800 aircraft. This new service reflects the airline’s continued strategy to expand regional connectivity between China and Southeast Asia as travel demand rebounds.
