Pakistan International Airlines (PIA), the national flag carrier, is poised for privatization, marking a major step in its restructuring. The government has announced plans to remove the airline’s existing liabilities, making it more attractive to potential investors.
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Transavia France, the low-cost subsidiary of the Air France-KLM Group, has taken delivery of a new Airbus A320neo, serial number 12548, powered by CFM International LEAP-1A24 engines. This delivery reinforces the airline’s ongoing commitment to fleet renewal and environmental sustainability.
Heston Airlines (Lithuania) has confirmed that it will resume wet lease operations for Norwegian during the upcoming summer season, with bases in Copenhagen and Palma de Mallorca. This arrangement strengthens the collaborative relationship between the two airlines and supports Norwegian’s summer operations.
Magma Aviation is actively exploring options to expand its own-controlled fleet, considering a range of widebody freighters to support its growing cargo operations. The company is evaluating Boeing B767-300F, B767-200F, A330-300F, A330-200F, and converted B777-300ER aircraft to enhance its capacity and network reach.
Vietnam Airlines has successfully achieved a profit of $311.2 million for the year 2024, with the total revenue and other income amounting to $4.4 billion.
El Al, Israel’s flagship airline, has officially withdrawn its bid to acquire a 45% stake in Isracard, the country’s largest credit card company, citing challenges in meeting the regulatory and acquisition requirements before the October 31, 2024, deadline. This retraction marks a strategic shift for El Al, which had initially sought the acquisition to diversify…
Saudia has expanded its fleet with the delivery of a new Airbus A321neo, featuring serial number 12370. This state-of-the-art aircraft is equipped with LEAP-1A32 engines, developed by CFM International, which are renowned for their fuel efficiency, lower emissions, and reliability.
