Nauru Airlines has reported a US$4.1 million loss for the fiscal year ending June 30, 2024. The significant loss was attributed to unpaid bills arising from the airline’s wet lease operations, a challenging situation that has strained its financial performance.
Please SUBSCRIBE to view the full content.
Free trial available — 7 days on Monthly, 30 days on Annual!
Two former executives of Thai Airways International, Phrit Bupphakham and Poonsak Chumchuai, have been found guilty by corruption regulators for their involvement in the illegal approval of landing fees. The misconduct resulted in total damages of US$2 million to the airline.
Vietnam Airlines has announced a Request for Proposal (RFP) to secure a wet lease for two A320 or A321 aircraft, with an option for two additional units. This short-term lease is set to cover a one-month period from January 13 to February 12, 2025, aligning with a time of peak travel demand in the region. By pursuing a wet lease arrangement, Vietnam Airlines…
flynas, a Saudi Arabian low-cost airline, has announced the launch of a new nonstop service connecting Riyadh to Entebbe, Uganda. Scheduled to commence on 12 January 2025, the route will be operated with the fuel-efficient Airbus A320neo. This new service marks an important step for flynas as it expands its international footprint in East Africa,…
ANA Holdings has finalized an order with Airbus for a total of 27 aircraft, comprising 24 A321neo and 3 A321XLRjets. The fleet expansion will serve both of the group’s carriers: All Nippon Airways and its low-cost arm, Peach Aviation. The move was disclosed during the airshow and forms part of the group’s strategy to modernize and expand its narrowbody operations.
Transavia France has taken delivery of a new Airbus A320neo, bearing serial number 12389. The aircraft, powered by LEAP-1A24 engines, is part of the airline’s ongoing fleet expansion strategy aimed at improving fuel efficiency and operational performance.
China Southern Airlines, one of Asia’s largest carriers, has taken delivery of a new Airbus A321neo, bearing manufacturer serial number (MSN) 12625, as part of its ongoing fleet modernization program. The aircraft is powered by CFM International LEAP-1A32 engines, a widely adopted engine type for the A320neo family, known for its efficiency and reliability.
