Norse Atlantic, a long-haul low-cost carrier based in Norway, reported a net loss of $14.9 million for the first quarter of 2025, with revenue reaching $125.3 million. The results reflect seasonal demand fluctuations and continued cost pressures impacting transatlantic operations.
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China Eastern Airlines, one of China’s largest carriers, has added a new Airbus A321neo to its fleet. The aircraft, bearing serial number 12349, is powered by advanced LEAP-1A32 engines, providing superior efficiency and reliability.
Qatar Airways Cargo has announced a new strategic partnership with MASkargo, the cargo arm of Malaysia Airlines, to strengthen their air freight networks. This collaboration will enhance connectivity and cargo capacity across key global destinations.
Raya Airways, a prominent cargo airline based in Malaysia, has recently bolstered its fleet with the acquisition of a Boeing 767-200BDSF (Bedek Special Freighter). This aircraft, bearing serial number 22218, is leased from Cargo Aircraft Management, a US-based company.
CDB Aviation, a global aircraft leasing platform based in Ireland and a wholly owned subsidiary of China Development Bank Financial Leasing, has completed the delivery of an Airbus A320neo to Volaris, one of Mexico’s leading low-cost airlines. This transaction reflects Volaris’s continued strategy of expanding and modernizing its all-Airbus fleet with fuel-efficient and environmentally progressive aircraft.
Azul has announced a significant change in its capital structure through the conversion of 35% of notes due in 2029 and 2030 into preferred shares, as part of a broader capital increase initiative. The move aims to improve the airline’s balance sheet and reduce debt burdens in the face of continued financial pressures across the Brazilian aviation sector.
Z Air (Bonaire) has secured a legal victory against the Sint Maarten government, following a court ruling that determined the Civil Aviation Authority of Sint Maarten (CAA) imposed unlawful and unnecessary conditions on the airline’s flight permits.
