Portugal’s Ministry of Infrastructure has announced it will begin settling its outstanding €3.8 million debt to Sevenair, the airline that operated the Bragança-Portimão route, over the coming weeks.
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Flyadeal is set to expand its fleet with the upcoming delivery of a brand-new Airbus A320neo, marking another step in the airline’s steady growth and modernization strategy. The aircraft, identified by manufacturer serial number 12776, will carry the registration HZ-FBR once it officially joins the fleet. This unit is an A320-251N variant, equipped with CFM International LEAP-1A26 engines, which are designed to deliver…
TAROM, the national carrier of Romania, has officially cleared its $23.7 million debt to the Romanian State, according to the National Agency for Fiscal Administration (ANAF). This development marks a significant step in the airline’s financial recovery and ongoing efforts to stabilize its operations.
Akasa Air, one of India’s newest and rapidly growing carriers, has reported robust financial results for the fiscal year ending March 31, 2025, highlighting its aggressive expansion and disciplined cost management. The airline announced a 49% year-on-year revenue increase, attributing the gain to strong unit profitability and a stage-adjusted RASK increase of 13%.
JetBlue has taken delivery of a new Airbus A220-300, reinforcing its commitment to fleet modernization and enhanced passenger experience. The aircraft, listed under manufacturer serial number (MSN) 55360, is powered by Pratt & Whitney PW1524G-3 engines, part of the advanced geared turbofan (GTF) family.
Avianca is preparing for a significant addition to its fleet as it gets ready to introduce an advanced Airbus A320neo with manufacturer serial number (MSN) 13296, equipped with CFM LEAP-1A engines.
Koala Airlines (Australia) is currently facing a significant financial challenge, as creditor Wealth Creation (Australia)has filed a wind-up application against the airline. The case is set to be reviewed in a court hearing scheduled for 22 January 2025. The filing of a wind-up application typically indicates that a creditor believes the company is unable to meet its financial obligations. For…
