Madagascar Airlines, the national carrier of Madagascar, has bolstered its regional operations with the addition of a new ATR 72-500. This latest acquisition brings the airline’s total ATR fleet to six, underscoring its commitment to enhancing connectivity across the island nation and neighboring regions.
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Sun Country Airlines has strengthened its financial position by raising $60 million through a new C-tranche appended to its 2019-1 Enhanced Equipment Trust Certificate (EETC). The airline used the full amount to pay down a significant portion of its term loan, which was financing five Boeing 737-900ER aircraft. This move reflects the airline’s strategy of optimizing its capital structure, reducing long-term debt obligations,…
United Express, the regional arm of United Airlines, has expanded its fleet with the addition of an Embraer E175, identified by serial number 17000983. The aircraft is operated by SkyWest Airlines and powered by CF34-8E5 engines, enhancing United Express’s regional connectivity and operational efficiency.
Japan Airlines (JAL) has announced that it will extend the retirement timeline for its Boeing 777 fleet due to global delivery delays affecting new aircraft. Despite this adjustment, JAL confirmed that the first six A350-1000s on order are arriving as scheduled, ensuring gradual fleet modernization.
The government of Mozambique has confirmed the payment of US$3 million to euroAtlantic Airways (Portugal) as part of the termination settlement for a contract involving LAM – Linhas Aéreas de Moçambique, the state-owned national carrier. While the amount satisfies Mozambique’s obligations, it remains below the level of compensation originally demanded by euroAtlantic.
Electra Airways, a Bulgarian charter and ACMI operator, has expanded its fleet with the delivery of its 10th aircraft, an Airbus A320 with serial number 1797. This acquisition represents a significant milestone in the airline’s growth and operational capabilities.
Air France-KLM, the Franco-Dutch airline group, reported a 6.4% increase in fourth-quarter (4Q) 2024 revenues, reaching US$8.4 billion. Despite this revenue growth, the group recorded a net loss of US$22.4 million for the quarter. For the full year 2024, Air France-KLM achieved a 4.8% rise in revenues, totaling US$33.7 billion, with a net income of US$523.5 million. As of December 31, 2024, the group’s cash position stood at US$10…
Sun Country Airlines has strengthened its financial position by raising $60 million through a new C-tranche appended to its 2019-1 Enhanced Equipment Trust Certificate (EETC). The airline used the full amount to pay down a significant portion of its term loan, which was financing five Boeing 737-900ER aircraft. This move reflects the airline’s strategy of optimizing its capital structure, reducing long-term debt obligations,…
United Express, the regional arm of United Airlines, has expanded its fleet with the addition of an Embraer E175, identified by serial number 17000983. The aircraft is operated by SkyWest Airlines and powered by CF34-8E5 engines, enhancing United Express’s regional connectivity and operational efficiency.
Japan Airlines (JAL) has announced that it will extend the retirement timeline for its Boeing 777 fleet due to global delivery delays affecting new aircraft. Despite this adjustment, JAL confirmed that the first six A350-1000s on order are arriving as scheduled, ensuring gradual fleet modernization.
The government of Mozambique has confirmed the payment of US$3 million to euroAtlantic Airways (Portugal) as part of the termination settlement for a contract involving LAM – Linhas Aéreas de Moçambique, the state-owned national carrier. While the amount satisfies Mozambique’s obligations, it remains below the level of compensation originally demanded by euroAtlantic.
Electra Airways, a Bulgarian charter and ACMI operator, has expanded its fleet with the delivery of its 10th aircraft, an Airbus A320 with serial number 1797. This acquisition represents a significant milestone in the airline’s growth and operational capabilities.
Air France-KLM, the Franco-Dutch airline group, reported a 6.4% increase in fourth-quarter (4Q) 2024 revenues, reaching US$8.4 billion. Despite this revenue growth, the group recorded a net loss of US$22.4 million for the quarter. For the full year 2024, Air France-KLM achieved a 4.8% rise in revenues, totaling US$33.7 billion, with a net income of US$523.5 million. As of December 31, 2024, the group’s cash position stood at US$10…
Sun Country Airlines has strengthened its financial position by raising $60 million through a new C-tranche appended to its 2019-1 Enhanced Equipment Trust Certificate (EETC). The airline used the full amount to pay down a significant portion of its term loan, which was financing five Boeing 737-900ER aircraft. This move reflects the airline’s strategy of optimizing its capital structure, reducing long-term debt obligations,…
United Express, the regional arm of United Airlines, has expanded its fleet with the addition of an Embraer E175, identified by serial number 17000983. The aircraft is operated by SkyWest Airlines and powered by CF34-8E5 engines, enhancing United Express’s regional connectivity and operational efficiency.
Japan Airlines (JAL) has announced that it will extend the retirement timeline for its Boeing 777 fleet due to global delivery delays affecting new aircraft. Despite this adjustment, JAL confirmed that the first six A350-1000s on order are arriving as scheduled, ensuring gradual fleet modernization.
The government of Mozambique has confirmed the payment of US$3 million to euroAtlantic Airways (Portugal) as part of the termination settlement for a contract involving LAM – Linhas Aéreas de Moçambique, the state-owned national carrier. While the amount satisfies Mozambique’s obligations, it remains below the level of compensation originally demanded by euroAtlantic.
Electra Airways, a Bulgarian charter and ACMI operator, has expanded its fleet with the delivery of its 10th aircraft, an Airbus A320 with serial number 1797. This acquisition represents a significant milestone in the airline’s growth and operational capabilities.
Air France-KLM, the Franco-Dutch airline group, reported a 6.4% increase in fourth-quarter (4Q) 2024 revenues, reaching US$8.4 billion. Despite this revenue growth, the group recorded a net loss of US$22.4 million for the quarter. For the full year 2024, Air France-KLM achieved a 4.8% rise in revenues, totaling US$33.7 billion, with a net income of US$523.5 million. As of December 31, 2024, the group’s cash position stood at US$10…
