MASkargo (Malaysia), Qatar Airways Cargo, and IAG Cargo (UK) have jointly announced plans to form a Global Cargo Joint Business, aiming to integrate their air freight operations to enhance network connectivity and operational efficiency. The alliance, however, is still subject to regulatory approval.
Please SUBSCRIBE to view the full content.
First month of membership is free!
Vietjet (Vietnam) has successfully issued seven bonds in 2024, amounting to a total face value of $433 million. Each bond carries a 60-month term and offers an 11% annual interest rate, reflecting the company’s strategic move to bolster its financial foundation and support future growth initiatives.
Grupo Viva Aerobus, the Mexican low-cost carrier, has reported a difficult first quarter for 2025 with total operating revenues down 20.7% to $491 million, accompanied by a net loss of $42 million. Despite the downturn, the airline maintains a strong cash and cash equivalents position of $780 million, which provides a cushion for near-term operations.
SWISS has expanded its fleet with the arrival of a new Airbus A320neo, bearing serial 12379, and powered by PW1127G-JM engines. The airline continues its fleet modernization strategy, integrating fuel-efficient aircraft to optimize its operations.
JetBlue and United Airlines have jointly announced a new strategic collaboration called Blue Sky, aimed at improving customer experience and unlocking mutual growth opportunities. The partnership introduces integrated flight search functionality and cross-airline loyalty benefits, while also marking United’s return to New York JFK Airport.
Utair, a key player in the Russian aviation sector, has announced a net profit of $10.3 million for the year 2024. The airline also saw a significant increase in its revenue, which rose by 20.9% to reach $941.9 million.
Spirit Airlines, a US-based low-cost carrier, has announced a delay in filing its 10-Q quarterly report due to ongoing restructuring discussions with noteholders. The airline’s decision to postpone the filing reflects its focus on managing debt and financial commitments as it navigates restructuring efforts. These discussions are part of a broader strategy to address Spirit’s financial stability amid…
