Qatar Airways has received a new Airbus A330-300, bearing serial number 1582, powered by Rolls-Royce Trent 772B-60 engines. The widebody aircraft is part of the airline’s ongoing effort to bolster capacity across its global medium- and long-haul network.
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China Eastern Airlines has announced the successful raising of $691 million in perpetual debt financing from its controlling shareholder, China Eastern Airlines Group Co. The debt carries an annual interest rate of 2.20%, providing the airline with a flexible financial instrument to support its operations and growth initiatives.
Hong Kong Air Cargo has announced the appointment of Hakan Bulat as its new President, a move aimed at strengthening the airline’s leadership team and supporting its expansion strategy. Bulat brings extensive experience in cargo operations and airline management, positioning him to lead Hong Kong Air Cargo’s next phase of growth.
Airbus, the European aerospace giant, has released its November 2024 order book changes, showcasing significant updates. The company reported new orders from undisclosed customers for: These additions highlight continued interest in Airbus’s wide-body and single-aisle aircraft, catering to various market demands. The A321neo remains a popular choice for its fuel efficiency and range capabilities, while the A330-900 and A350-900 models appeal to…
PLAY, the Icelandic low-cost airline, has announced the continuation of its ACMI (Aircraft, Crew, Maintenance, and Insurance) agreement with SkyUp Malta for four aircraft, extending the arrangement through 2027. This move solidifies PLAY’s operational capacity and network flexibility as it scales up during peak travel seasons.
IndiGo, India’s largest airline, has announced the launch of a new nonstop flight connecting Hyderabad and Madinah. The service is scheduled to commence on February 20, 2025, and will be operated using an Airbus A320neo aircraft.
Skymark Airlines reported a 25.8% decline in net income for the nine-month period ending December 2024, despite a 4.5% increase in operating revenues. The airline attributed the drop in profitability to rising operational costs, including higher fuel expenses, increased labor costs, and adjustments to fleet operations.
