Norwegian Group has released its financial results for 2024, highlighting a 38% increase in operating revenue to $3.1 billion. Despite this significant revenue growth, the company experienced a 22% decline in net profit, totaling $120.5 million for the year.
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IndiGo, India’s largest airline by market share, has taken delivery of a leased Airbus A320, identified by serial number 4438. The aircraft is equipped with CFM56-5B4/3 engines, known for their reliability and efficiency, further enhancing IndiGo’s growing fleet.
Buzz, the Polish subsidiary of the Ryanair Group, has taken delivery of a new Boeing 737-8200, identified by serial number 67119. The aircraft is powered by LEAP-1B27 engines, enhancing operational efficiency with lower fuel consumption, reduced emissions, and improved range.
Plus Ultra Líneas Aéreas, a Spanish airline, is preparing to make its initial repayment of $19 million in 2026 towards the $54 million loan it received from Spain’s Sociedad Estatal de Participaciones Industriales (SEPI) during the COVID-19 pandemic.
Singapore Airlines Group has reported passenger traffic for November 2024, carrying a total of 3.3 million passengers. Despite the increase in passenger numbers, the Passenger Load Factor (PLF) experienced a slight dip of 0.8 points, settling at 87%.
Moldova is reportedly considering a ban on the operations of 22 Russian airlines and several carriers from other countries, including Armenia, Kyrgyzstan, and Iran. The move is part of an effort to align Moldova’s aviation policies with international standards and address regulatory concerns surrounding these airlines.
Marabu, an Estonian-based carrier, has announced plans to close its Munich base in summer 2025 as part of a strategic shift to manage rising operational costs and address challenges related to wet-leased aircraft availability. The airline will also scale back flights from Stuttgart and Cologne while concentrating its operations on Hamburg, Leipzig/Halle, and Nuremberg.
