Juneyao Air, a private Chinese carrier, has posted strong financial results for 2024, reporting a net profit of $125.3 million, up 17.5% compared to the previous year. The airline also recorded a 9.9% increase in revenue, reaching $3.0 billion, marking a year of resilient growth and operational efficiency.
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Riyadh Air is positioning itself to take advantage of escalating trade tensions between the United States and China by expressing readiness to purchase Boeing aircraft originally intended for Chinese airlines. According to CEO Tony Douglas, the Saudi Arabian startup carrier is prepared to move quickly should these aircraft become available, a strategic decision aimed at accelerating Riyadh Air’s ambitious growth plans.
Hainan Airlines (China) has expanded its fleet with the delivery of a new Airbus A320neo, serial 12263, powered by LEAP-1A26 engines. This delivery highlights the airline’s commitment to operating modern, fuel-efficient aircraft to meet growing passenger demand.
American Airlines is set to enhance its transatlantic offerings in 2025 with the addition of new routes and adjustments to its existing European network. Beginning May 6, 2025, American will launch direct flights from Chicago O’Hare International Airport to Naples, Italy, using a Boeing 787-8. A month later, on June 5, 2025, the airline will…
Korean Air has expanded its long-haul fleet with the delivery of a Boeing 787-10, bearing the registration HL8570. This addition reflects the airline’s strategic push to modernize its widebody fleet with more fuel-efficient and passenger-friendly aircraft.
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.
After a prolonged two-year process, Qingdao Tourism Group has officially acquired a 50% share in Qingdao Airlines, previously held by Qingdao Urban Construction Investment Group. This significant shift reflects ongoing strategic efforts to strengthen the airline’s growth and regional influence in China’s competitive aviation market. The transfer aligns with Qingdao Tourism Group’s goal to expand…
