Philippine Airlines has announced that it will commence a cabin retrofit program for its Airbus A321 fleet starting in May 2025, part of a broader initiative to modernize the in-flight experience and standardize cabin configurations across its narrowbody operations.
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LATAM Airlines Brasil, a leading airline in South America, has expanded its fleet with the addition of a new Airbus A320neo, identified by serial number 12259. This aircraft is powered by PW1127G-JM engines, underscoring the airline’s commitment to operational efficiency and sustainability.
Korean Air reported its 3Q 2024 financial results, showcasing a notable increase in revenue despite a decline in net profit. The airline’s revenue grew by 9.8% year-over-year, reaching $3.0 billion. However, net profit took a downturn, decreasing by 34.8% to $200.7 million, a reflection of various market and operational challenges.
After a prolonged two-year process, Qingdao Tourism Group has officially acquired a 50% share in Qingdao Airlines, previously held by Qingdao Urban Construction Investment Group. This significant shift reflects ongoing strategic efforts to strengthen the airline’s growth and regional influence in China’s competitive aviation market. The transfer aligns with Qingdao Tourism Group’s goal to expand…
LATAM Airlines Brasil has expanded its fleet with the delivery of a new Airbus A320neo, featuring serial number 12371. The aircraft is equipped with PW1127G-JM engines, manufactured by Pratt & Whitney, renowned for their exceptional fuel efficiency and reduced emissions.
British Airways and Qatar Airways have received a five-year extension from the New Zealand government on their existing joint business agreement (JBA), reinforcing the strategic cooperation between the UK and Qatari flag carriers on flights to and from New Zealand. In a significant expansion of the agreement, Iberia—the national airline of Spain—has also been officially included in the refreshed deal.
Alliance Airlines (Australia) has announced a 9.5% increase in statutory profit before tax, reaching $26.2 million for 1H FY2024, while revenues rose by 11.3% to $211.6 million for the period ending 31 December 2024. The company also confirmed the appointment of James Jackson as chairman.
