Hawaiian Airlines has announced that it will separate with 73 employees by the end of 2024, following its merger with Alaska Airlines.
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Asiana Airlines, based in South Korea, has announced plans to repay $976 million in loans from creditor banks earlier than initially scheduled. This significant financial move is expected to reduce the airline’s debt ratio by more than 1000%, marking a major step in its financial restructuring efforts.
Garuda Indonesia has reported a net loss of $131.2 million for the first nine months of 2024, despite a 14.7% increase in revenue to $2.6 billion. The financial results highlight the ongoing challenges faced by the airline as it navigates through post-pandemic recovery and aims to stabilize its operations.
GOAL, a prominent aircraft leasing and asset management company based in Germany, has welcomed Vicente Alava Pons as its new Managing Director. This leadership change reflects GOAL’s commitment to advancing its strategic objectives and enhancing its position in the aviation leasing sector.
Aeroitalia, an Italian airline, has taken steps to expand its fleet for the winter 2024/25 season by leasing an Airbus A319from Fly Air41 in Croatia since October 2024. Additionally, the airline will welcome another aircraft from Marathon Airlines in Greece on December 1, 2024, further enhancing its operational capacity for the winter season. These fleet additions reflect Aeroitalia’s strategy to strengthen its route network and meet seasonal travel…
Mahan Air, based in Iran, has taken delivery of two aircraft: an Airbus A340-600, identified by serial 765, and a Boeing 737-300, serial 28557. These aircraft were previously operated by Azman Air, a Nigerian carrier. The deliveries have drawn scrutiny from the Nigeria Civil Aviation Authority (CAA) over potential violations of international sanctions.
Emirates, the UAE’s flagship carrier, reported strong financial results for the first half of 2024, with revenue up by 5%to $16.9 billion. The airline achieved a profit after tax of $2.4 billion, underscoring its robust financial health amid a competitive global aviation environment.
