KLM has confirmed it will resume flights between Amsterdam Schiphol (AMS) and Tel Aviv Ben Gurion (TLV)starting September 28, 2025, marking a cautious return to the Israeli market after operations were suspended due to regional instability.
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Atlas Air Worldwide Holdings, a major U.S.-based cargo operator, has entered into a new long-term ACMI (Aircraft, Crew, Maintenance, and Insurance) agreement with Turkish Cargo, the freight division of Turkish Airlines. Under this contract, Atlas Air will operate a Boeing 747-400 Freighter on behalf of Turkish Cargo starting in May 2025.
Avelo Airlines has initiated a strategic financial initiative by appointing Jefferies, a leading global investment banking firm, to assist in raising between $75 million and $100 million. The capital raise is aimed at fueling the airline’s growth plans and strengthening its financial position amid a competitive and cost-sensitive environment.
euroAtlantic Airways, a leading Portuguese charter and ACMI operator, has announced plans to acquire two Boeing 777 aircraft. This strategic expansion aims to strengthen the airline’s fleet and enhance its operational capabilities, enabling it to meet the growing demands of the global market.
T’way Air, a low-cost carrier based in South Korea, has reported its Q3 2024 financial results, showing a net loss of $2.2 million despite achieving a 14.5% year-over-year increase in sales to $281 million. The results highlight the challenges faced by the airline industry in balancing revenue growth with rising operational costs.
flynas, the Saudi Arabian low-cost carrier, has added another Airbus A320neo to its growing fleet as part of its ongoing expansion plan. The newly delivered aircraft, bearing serial number 12506, is powered by LEAP-1A26 engines, offering improved fuel efficiency and performance for regional and medium-haul operations.
Kenya Airways has confirmed the resumption of direct flights to Luanda, Angola, following high-level discussions between the presidents of the two nations in the Angolan capital. This development signifies a strengthening of diplomatic and economic ties between Kenya and Angola, facilitating improved connectivity and fostering bilateral trade and tourism.
