Regional Plus Wings, a regional airline based in Japan, reported a 44.9% decline in consolidated net profit, reaching $17.3 million for the April–September 2024 period. The decline comes amid challenging market conditions and rising operational costs, affecting the airline’s financial performance. In order to view the full content as well as having access to our archives and receiving the daily newsletter, please REGISTER .
Jazeera Airways (Kuwait) has announced plans to acquire six Airbus A320s currently leased and operating as part of its fleet. This strategic decision underscores the airline’s commitment to solidifying its asset base and enhancing fleet ownership as part of its long-term growth strategy.
Air Greenland has announced plans to wet lease up to two Boeing 737-800s from Danish carriers Jet Time and Airseven in preparation for the summer 2025 travel season. The move aims to meet increased demand during the peak travel period and enhance operational flexibility.
Kalitta Air, a major U.S.-based cargo carrier, has expanded its long-haul capabilities with the delivery of its first Boeing 777-300ERSF, serial number 32785. This aircraft, known as “The Big Twin” in the cargo industry, has been leased and is powered by GE90-115B engines. The conversion from a passenger to a freighter aircraft was completed by…
China Southern Airlines (China) has taken delivery of one Airbus A321neo, further enhancing its modern fleet. The aircraft, bearing the serial number 12281, is powered by LEAP-1A32 engines, renowned for their fuel efficiency and performance.
Royal Jordanian Airlines has announced plans to resume direct flights to Delhi and Mumbai in 2025. The move is part of the airline’s strategy to strengthen its global network and meet the growing demand for air travel between Jordan and India.
Azul, Brazil’s leading airline, has announced expectations for a 6% increase in capacity in 2024 compared to the previous year, reflecting its strategic efforts to expand operations and meet demand in key domestic and international markets. Azul also projects EBITDA to exceed $1 billion for 2024, with anticipated growth to reach $1.2 billion in 2025. This financial outlook highlights Azul’s strong performance trajectory, underscoring its…
