Oman Air Launches New Muscat-Rome Route After 5 Years
Oman Air has announced the launch of a new route connecting Muscat with Rome, set to begin on December 20, 2024.
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Southwest Airlines has announced that board members Eduardo F. Conrado and Elaine Mendoza will step down in April 2025, finalizing a board restructuring that began in 2024.
Brussels Airlines reported an adjusted EBIT loss of US$60 million for the first quarter of 2025, showing a 9% year-on-year improvement compared to the same period in 2024. Despite remaining in the red, the airline expressed confidence in achieving full-year profitability for 2025.
Thai Airways International has commenced the Voluntary Debt-to-Equity Conversion period for its creditors, effective November 18, 2024. This initiative is a pivotal component of the airline’s ongoing business rehabilitation plan, aiming to strengthen its financial structure and enhance operational stability.
Vietnam Airlines has reported a solid financial performance for the first nine months of 2024, achieving a consolidated after-tax profit of $247.6 million alongside a 24.6% increase in total revenue, amounting to $3.3 billion. These results mark a significant improvement in the airline’s financial position, fueled by increased passenger demand across domestic and international routes…
Air Incheon (South Korea) has submitted an application to the US Department of Transportation (DOT) seeking a foreign air carrier permit and an exemption. The approval would authorize Air Incheon to conduct both scheduled and on-demand charter foreign air transportation between South Korea and the United States.
The Azores parliamentary group has requested clarification from the Regional Government concerning a $3 million debt incurred by SATA from a wet lease agreement involving an Airbus A330 from Hi Fly, a Portuguese airline. This debt, which the parliamentary group attributes to SATA’s previous management decisions, has become a significant point of contention in the region. Recently, a court ruling favored both Hi Fly and AELF Aircraft Engine Lease…