Icelandair Group has taken a decisive step to expand its operational reach in Europe by acquiring a 49% stake in a Maltese AOC holding company for $686,000, setting the stage for future strategic flexibility within the European Union.
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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.
Porter Airlines Launches Ottawa Flights To Miami And Phoenix, further expanding its sun-focused network while strengthening cross-border connectivity from Canada’s capital.
Moldova is reportedly considering a ban on the operations of 22 Russian airlines and several carriers from other countries, including Armenia, Kyrgyzstan, and Iran. The move is part of an effort to align Moldova’s aviation policies with international standards and address regulatory concerns surrounding these airlines.
Pegasus Airlines, a major low-cost carrier in Türkiye, has expanded its fleet with the recent delivery of an Airbus A321neo, serial number 12073, powered by LEAP-1A32 engines from CFM International. This addition marks another step in Pegasus Airlines’ commitment to modernizing its fleet with fuel-efficient, environmentally friendly aircraft that support sustainable operations.
Thai Airways International is on track to exit its rehabilitation plan by mid-February 2025, marking a significant milestone in the airline’s recovery journey. The carrier, which has made strides in improving its financial situation, is also expected to resume trading on the stock exchange by May 2025.
Mexicana, one of Mexico’s leading airlines, is currently undergoing a strategic review, according to the President of Mexico. The announcement follows the cancellation of multiple routes, which had sparked speculation about potential operational difficulties. However, the President dismissed these concerns, emphasizing that the airline is focused on future planning and development.
