JetBlue has sold its corporate venture capital division, JetBlue Ventures, to SKY Leasing, a U.S.-based aircraft leasing company. This strategic move is part of JetBlue’s broader plan to refocus on its core airline business amid its ongoing efforts to return to profitability.
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Wizz Air Malta, the Maltese unit of the Wizz Air Group, has taken delivery of an Airbus A320neo, identified by serial number 12524, as part of its ongoing growth strategy. The aircraft is powered by PW1133G-JM engines from Pratt & Whitney, offering improved fuel efficiency and lower emissions compared to earlier models.
Centrum Air (Uzbekistan) has announced a strategic shift to a hub-and-spoke model starting from its summer 2025 schedule, positioning Tashkent as a major transit hub connecting East and West. This transformative initiative will be supported by a significant fleet expansion, set to more than double the airline’s capacity by July 2025.
Alitalia, the historic Italian airline, has commenced a mass dismissal process affecting 2,059 employees as part of its ongoing restructuring. This move signifies a major workforce reduction as the company continues to navigate financial difficulties and operational restructuring. The employees impacted by this dismissal will be permanently laid off, marking a significant step in Alitalia’s effort to…
Royal Jordanian has announced its financial results for 2024, revealing a total revenue of $1.0 billion. The airline also managed to reduce its post-tax losses by 59%, bringing the figure down to $4.9 million. This marks a significant improvement compared to previous years and highlights the company’s ongoing recovery efforts following the challenges faced during the pandemic years.
WestJet, a prominent Canadian airline, is actively considering opportunities to sublease some of its Boeing 737-800BCF(Boeing Converted Freighter) aircraft. This strategic move aims to maximize the value and utilization of its freighter fleet amid fluctuating demand in cargo operations.
AirAsia, a leading low-cost carrier based in Malaysia, has taken delivery of an Airbus A321neo, identified by serial number 12154. The aircraft is powered by LEAP-1A32 engines, renowned for their efficiency and environmental performance.
