AeroLogic, a prominent German cargo airline, has announced the appointment of Marcus Niedermeyer as its new Managing Director and Chief Financial Officer (CFO). Effective January 1, 2025, Niedermeyer succeeds Katharina Prost, marking a key leadership transition for the company.
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Aergo Capital, a leading aircraft leasing and trading company based in Ireland, has announced the appointment of Aengus Whelan as its new Chief Trading Officer, effective November 4, 2024. Whelan succeeds Nathan Riggs, who recently resigned from the company.
Alma Air, a new Colombian airline preparing for its official launch in the first quarter of 2025, has appointed Rupert Stebbings as Chief Executive Officer, effective immediately. Previously serving as Chief Commercial Officer (CCO), Stebbings will now lead the company’s overall strategic direction while continuing to oversee its commercial strategy. This dual role reflects Alma…
American Airlines has adjusted its Q1 2025 revenue guidance, now expecting flat revenue growth, a downgrade from its initial forecast of a 3-5% increase. The revision reflects weaker-than-anticipated demand trends, competitive pricing pressures, and macroeconomic factors impacting air travel.
Aeroflot, Russia’s largest airline, is actively seeking a tour operator partner to establish a long-term agreementspanning from December 2024 to March 2028. This partnership aims to enhance Aeroflot’s tourism offerings by aligning with a dedicated operator to handle travel packages and associated services, positioning the airline to cater to the rising demand for organized tours and vacation travel. With…
Air France-KLM has released its financial results for the first quarter of 2025, revealing a net loss of US$283.6 million, despite an encouraging 7.7% increase in revenues, which totaled US$8.2 billion. The group’s liquidity position remains strong, with US$10.5 billion in available cash, providing resilience amid fluctuating operating conditions.
Batik Air Malaysia has announced plans to commence nonstop service between Kota Kinabalu (BKI) and Seoul Incheon (ICN) beginning 12 September 2025. The new route will be operated using Boeing 737-800 aircraft, expanding the carrier’s footprint in Northeast Asia and enhancing connectivity between Malaysia’s Sabah region and South Korea.
