Lufthansa Group reported a 10% increase in revenue for the first quarter of 2025, reaching US$9.2 billion, while recording an adjusted EBIT loss of US$821 million. Despite the loss, the group maintained a strong liquidity position of US$12.9 billion.
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Cambodia Angkor Air has expanded its fleet with the recent delivery of an ATR72-500 aircraft, identified by serial number 890. Equipped with PW127M engines, the ATR72-500 is expected to bolster Cambodia Angkor Air’s regional capabilities, providing efficient and reliable service across short-haul routes within Southeast Asia.
AJet, an airline based in Turkiye, has recently expanded its fleet with the addition of a leased Airbus A320neo. The aircraft, identified by serial number 8168, is powered by PW1127G-JM engines from Pratt & Whitney, known for their fuel efficiency and reduced emissions. This acquisition reflects AJet’s ongoing commitment to modernizing its fleet with next-generation aircraft that offer operational efficiencies…
Kenya Airways (KQ) has initiated a strategic review of its 41.2% stake in Precision Air (Tanzania), citing negative shareholder equity and the need to align with its broader turnaround strategy. The stake, currently valued at approximately $498 million, is under assessment as KQ seeks to optimize its financial position and restructure its investments.
United Airlines, one of the largest carriers in the United States, has taken delivery of a new Airbus A321neo, identified by serial number 12218. The aircraft is powered by Pratt & Whitney PW1133G-JM engines, offering increased fuel efficiency and reduced emissions compared to earlier models.
Allegiant Air (US) and Viva (Mexico) have formally submitted a renewed motion to the US Department of Transportation (DOT), requesting an expedited reinstatement of the procedural schedule to review their joint application. The airlines are seeking approval and antitrust immunity for their previously announced alliance agreements covering US-Mexico air services.
Frontier Group Holdings, the parent of ultra-low-cost carrier Frontier Airlines, has announced its financial performance for the first quarter of 2025, reporting total operating revenues of $912 million, a 5% increase year-over-year. However, despite the revenue growth, the company posted a net loss of $43 million for the quarter.
