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Pegasus Airlines Expands Fleet with 100 Boeing 737 MAX Order

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Pegasus Airlines, Türkiye’s leading low-cost carrier, has announced a significant expansion of its fleet with an order for 100 Boeing 737 MAX aircraft. This strategic move aims to modernize the airline’s single-aisle fleet, enhancing operational efficiency and supporting its growth ambitions in the competitive aviation market.

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Air France-KLM Reports 4Q 2024 Revenue Increase and Net Loss

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Air France-KLM, the Franco-Dutch airline group, reported a 6.4% increase in fourth-quarter (4Q) 2024 revenues, reaching US$8.4 billion. Despite this revenue growth, the group recorded a net loss of US$22.4 million for the quarter. For the full year 2024, Air France-KLM achieved a 4.8% rise in revenues, totaling US$33.7 billion, with a net income of US$523.5 million. As of December 31, 2024, the group’s cash position stood at US$10…

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Vietravel Airlines To Raise Charter Capital To $100M

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Vietravel Airlines, a Vietnamese carrier operating under the tourism-focused Vietravel Group, has received formal approval from its shareholders to increase its charter capital to $100 million. This significant move aims to bolster the airline’s financial foundation and support expansion efforts amid the region’s ongoing aviation recovery.

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Royal Jordanian Takes Delivery Of E195-E2 Jet

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Royal Jordanian has expanded its regional jet fleet with the delivery of a new Embraer E195-E2, bearing serial number 19020180, powered by Pratt & Whitney PW1900G geared turbofan engines. The aircraft forms part of the airline’s strategic fleet renewal initiative aimed at modernizing regional operations and boosting fuel efficiency.

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Turkish Airlines Posts $44 Million Loss In Q1 2025

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Turkish Airlines reported a net loss of US$44 million for the first quarter of 2025 on revenues totaling US$4.88 billion. Despite the loss, the airline maintained a strong cash and cash equivalents position of US$2.3 billion, reinforcing its liquidity strength heading into the peak summer season.