Israir has disclosed its financial results for 2024, showcasing a significant improvement in both revenue and profitability. The Israeli carrier’s revenue soared by 16.2% to reach US$453 million, a testament to its growing influence and expanding operations in the aviation market.
Please SUBSCRIBE to view the full content.
First month of membership is free!
Japan Airlines (JAL) has expanded its fleet with the delivery of its first Airbus A350-1000, bearing serial number 683. The aircraft is powered by Rolls-Royce Trent XWB-97 engines, known for their fuel efficiency and advanced performance capabilities. This delivery is part of a larger order for 13 A350-1000 aircraft, scheduled to arrive within the current fiscal year.
Pakistan International Airlines (PIA) is poised to significantly bolster its fleet with the scheduled delivery of eight new Boeing 777 aircraft in 2025. This strategic acquisition aligns with PIA’s objectives to modernize its fleet, enhance operational efficiency, and expand its international route network.
Air Dolomiti, a regional carrier based in Italy, has taken delivery of an Embraer E190, further expanding its fleet. The aircraft, identified by serial number 19000341, is powered by CF34-10E5 engines, known for their efficiency and reliability in regional operations.
Spirit Airlines (US) has reported a net loss of $138.3 million for January 2025, reflecting ongoing financial challenges and operational pressures. Despite the loss, the airline generated $347.4 million in gross income during the month and began with a cash balance of $1.14 billion, providing financial flexibility to navigate market conditions.
Nauru Airlines has reported a US$4.1 million loss for the fiscal year ending June 30, 2024. The significant loss was attributed to unpaid bills arising from the airline’s wet lease operations, a challenging situation that has strained its financial performance.
Air Chathams, a regional airline based in New Zealand, has been denied direct financial support from the Whakatane District Council, despite its efforts to sustain connectivity to major cities. However, in a partial concession, the council has agreed to waive airport fees for the next six months, offering limited operational relief to the carrier.
