KlasJet Sees 134% YoY Growth with Nearly 5,000 Flights in Summer 2024

ByAdmin 06/11/202408/11/2024

KlasJet, a Lithuania-based provider of ACMI (Aircraft, Crew, Maintenance, and Insurance) services, reported a significant increase in its operations from May through October 2024. During this period, KlasJet operated almost 5,000 flights, marking a 134% year-over-year (YoY) growth compared to the same months in 2023. This surge in flights reflects record demand for ACMI services over the summer season, as KlasJet expanded its operational capacity to meet rising market needs.

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Airbus | Airlines | Delivery | Fleet | Rolls Royce

Air Caraïbes Receives Fourth A350-1000

ByAdmin 17/12/202418/12/2024

Air Caraïbes, based in Guadeloupe, has taken delivery of its fourth Airbus A350-1000, identified by serial number 600. The aircraft is powered by Rolls-Royce Trent XWB-97 engines, further enhancing the airline’s modern and fuel-efficient long-haul fleet.

Airlines | Financial | Lessor | Management

IAG CEO Awaits Decision on Air Europa Capital Increase

ByAdmin 09/11/202409/11/2024

IAG CEO Luis Gallego has not yet confirmed whether the group will take part in Globalia’s proposed capital increase for Air Europa, aimed at strengthening the Spanish airline’s financial stability. This potential investment would enhance Air Europa’s fiscal resilience, particularly valuable as the airline seeks to recover from recent economic challenges and compete effectively within Europe.

Airlines | Airports | Low Cost Carrier

Volotea Withdraws Interest in Milan Linate Slots

ByAdmin 12/11/202413/11/2024

In the ever-changing landscape of the aviation industry, Volotea, a Spanish low-cost airline, has decided not to pursue slots at Milan Linate, leaving easyJet as the only airline still interested in these slots. This decision comes in the wake of ITA Airways and Lufthansa having to give up their slots as part of the EU…

Airlines | Cargo | Financial

Cargojet to Redeem 5.75% Hybrid Debentures on December 27, 2024

ByAdmin 15/11/202419/11/2024

Cargojet, a leading Canadian cargo airline, has announced its decision to redeem in full all of its outstanding 5.75% senior unsecured hybrid debentures on December 27, 2024. The debentures, originally scheduled to mature on April 30, 2025, will be repaid earlier than anticipated as part of Cargojet’s strategic financial management plan. This move underscores the company’s focus on maintaining…

Airlines | ATR | Delivery | Fleet | Pratt & Whitney

Air Caraibes Receives Fourth ATR72-600

ByAdmin 27/11/202401/12/2024

Air Caraibes (Guadeloupe) has expanded its fleet with the delivery of its fourth ATR72-600, identified by serial number 1705. The aircraft is powered by PW127M engines, known for their reliability and efficiency in regional operations.

Airlines | Boeing | CFM International | Delivery | Fleet

United Airlines Receives B737-9 Aircraft

ByAdmin 18/12/202418/12/2024

United Airlines, one of the largest carriers in the United States, has added a new Boeing 737-9 to its fleet. The aircraft, identified by serial 68826, is equipped with advanced LEAP-1B28 engines, known for their fuel efficiency and operational reliability.

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