The Association of Asia Pacific Airlines (AAPA), headquartered in Malaysia, has announced that Qantas, Australia’s flagship carrier, has joined the organization with immediate effect. This significant development strengthens Qantas’ engagement within the Asia-Pacific aviation community and underscores its commitment to regional collaboration.
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Lufthansa, Germany’s flagship carrier, has reached an agreement with the Italian government to acquire a stake in ITA Airways following intense, last-minute negotiations. This deal marks a strategic move by Lufthansa to expand its footprint in the Italian market, gaining access to a wider customer base and strengthening its position within Europe. The acquisition is expected to bolster ITA…
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.
FedEx Express, a major US-based cargo airline, has officially joined the Latin American and Caribbean Air Transport Association (ALTA) as an associate member. This new membership enables FedEx to engage closely with ALTA’s extensive network, which includes airlines and aviation-related companies throughout Latin America and the Caribbean. The move reflects FedEx’s commitment to strengthening its partnerships within the Latin…
Frontier Airlines has released its quarterly earnings report, indicating notable revenue growth attributed to rising passenger numbers and operational enhancements.
Austrian Airlines, the national carrier of Austria, reported a 40% year-over-year decline in its 2024 adjusted EBIT, amounting to US$81.3 million. This decrease comes despite a 5% increase in annual revenue, which reached US$2.6 billion.
