Lufthansa Group has announced an operating profit (Adjusted EBIT) of €1.3 billion for Q3 2024, reflecting robust performance during a strong summer travel season.
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Royal Air Maroc (RAM), Morocco’s national airline, is reportedly on the verge of securing a significant aircraft deal with Airbus, aimed at enhancing its long and medium-haul fleet capabilities.
Spirit Airlines, a prominent U.S.-based low-cost carrier, has announced a significant fleet adjustment with the sale of 23 Airbus A320 and A321 aircraft to GA Telesis. The agreement, valued at approximately $519 million, outlines the planned delivery of these aircraft through February 2025. This transaction is part of Spirit’s fleet optimization strategy, allowing the airline…
Jet Airways (India) has entered a new phase in its liquidation process with the appointment of Satish Kumar Gupta as its liquidator. The decision was made by the National Company Law Tribunal (NCLT) following a Supreme Court order that permits the sale of the grounded airline.
Air KG, a Kyrgyzstani airline, has officially transitioned to a state-owned enterprise, a strategic move aimed at enhancing management efficiency, optimizing the use of financial resources, and strengthening its control systems. This transformation is intended to support Air KG’s operational goals and aligns with the Kyrgyz government’s commitment to improving the oversight and effectiveness of its national carriers, ensuring…
JD Airlines, a growing player in China’s cargo aviation market, has taken delivery of a Boeing 737-800BCF (Boeing Converted Freighter), serial number 30697. Leased and equipped with CFM56-7B26 engines, this freighter addition aligns with JD Airlines’ strategy to expand its air cargo capabilities amidst increasing demand for air freight services across China. The B737-800BCF is…
Azul, Brazil’s leading airline, has announced expectations for a 6% increase in capacity in 2024 compared to the previous year, reflecting its strategic efforts to expand operations and meet demand in key domestic and international markets. Azul also projects EBITDA to exceed $1 billion for 2024, with anticipated growth to reach $1.2 billion in 2025. This financial outlook highlights Azul’s strong performance trajectory, underscoring its…
