Icelandair has disclosed its financial performance for the first quarter of 2025, recording a net loss of US$44 million, despite an 11% increase in total revenues to US$286 million. The airline’s liquidity remained solid at US$510 million, providing a stable financial foundation moving forward.
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United Airlines has expanded its fleet with the addition of a Boeing 737-8, identified by serial number 67630. The aircraft is powered by LEAP-1B28 engines, enhancing fuel efficiency, operational reliability, and environmental sustainability as part of the airline’s ongoing fleet renewal strategy.
Air New Zealand has projected its earnings before taxation for fiscal year 2025 to fall within the range of $88 million to $112 million, a forecast that includes $20–24 million in expected compensation for aircraft that have been grounded. The airline disclosed that 11 aircraft remain grounded, primarily due to global supply chain challenges and delays in maintenance cycles.
China Eastern Airlines has announced the launch of a new international route connecting Nanjing and Ho Chi Minh City, scheduled to begin on 15 January 2025. The service will be operated using the Airbus A320, marking an important expansion in the airline’s regional network.
Icelandair has taken delivery of an Airbus A321neo, further advancing its fleet renewal efforts. The aircraft, manufacturer serial number (MSN) 12359, is registered as TF-IAB and is powered by Pratt & Whitney PW1133G-JM engines. This addition marks another step in Icelandair’s strategy to phase out older aircraft and modernize its narrowbody fleet.
Mexicana, the recently relaunched Mexican state-owned airline, is set to receive its first Embraer E2 jet in July 2025, initiating the next phase of its fleet expansion strategy. The delivery will mark the airline’s entry into modern regional jet operations with one of the most fuel-efficient aircraft in its category.
Avianca Cargo and Turkish Cargo have teamed up to launch a new cargo service on the Liege-Miami-Liege route, with operations beginning on November 3, 2024. This partnership connects Liege, a major European logistics hub, with Miami, a key entry point for cargo into the Americas. By linking these strategic locations, Avianca Cargo and Turkish Cargo aim to enhance air cargo connectivity between…
