India, UAE, And Saudi Arabia Set To Lead Aviation Growth as the global airline industry enters its fourth consecutive year of profitability, supported by resilient demand, lower fuel prices, and sustained economic expansion.
Please SUBSCRIBE to view the full content.
First month of membership is free!
SkyTaxi, a Poland-based charter and cargo airline, reported a net profit of $4.8 million for the full year 2024, based on total revenues of $69.6 million. This performance underscores the carrier’s consistent profitability in a niche market dominated by ad hoc cargo and passenger services, including operations under ACMI and government contracts.
Aviation Capital Group (ACG) announced on July 7, 2025, that it has finalized the initial closing of four aircraft from a larger 20‑aircraft portfolio acquisition from Avolon Aerospace Leasing.
Delta Airlines has reached a significant financial milestone with S&P Global Ratings upgrading its credit rating to investment grade. This recognition underscores the airline’s robust financial performance and strategic efforts to strengthen its balance sheet and maintain fiscal resilience.
Lufthansa Group has signed an agreement to acquire a 10% convertible share in airBaltic for a subscription price of €14 million. This strategic move grants Lufthansa a seat on airBaltic’s Board and positions the group for future equity participation in the Latvian carrier.
Aeroitalia, the Italian airline, has announced plans to wet lease an Embraer E175 from Marathon Airlines (France). The aircraft will be utilized for domestic routes in Italy, with operations scheduled between 30 March and 25 October 2025. This partnership enhances Aeroitalia’s fleet capabilities during a high-demand period, ensuring reliable service across its network.
Fly Oya, a Libyan airline focused on regional and international connectivity, has acquired a Boeing 777-200, bearing serial number 32889, to bolster its operations. This acquisition signals Fly Oya’s ambition to expand its scheduled international services, positioning itself as a key player in Libyan aviation as it meets increasing travel demands across various routes.
