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Riyadh Air Ready To Buy Boeing Aircraft Affected By Trade War

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Riyadh Air is positioning itself to take advantage of escalating trade tensions between the United States and China by expressing readiness to purchase Boeing aircraft originally intended for Chinese airlines. According to CEO Tony Douglas, the Saudi Arabian startup carrier is prepared to move quickly should these aircraft become available, a strategic decision aimed at accelerating Riyadh Air’s ambitious growth plans.

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American Airlines Reports $54.2 Billion Revenue in 2024

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American Airlines Group, one of the largest carriers in the United States, has reported robust financial performance for 2024, with total revenue reaching $54.2 billion and a net income of $846 million. The company ended the year with $10.3 billion in total available liquidity, highlighting its strong financial position.

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Koala Airlines Faces Wind-Up Application from Creditor

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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…

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China Southern Reports 9.6% Passenger Growth in November 2024

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China Southern Airlines has announced strong passenger performance for November 2024, reporting a 9.6% increasein total passengers to 12.8 million compared to the same month in 2023. The airline’s Passenger Load Factor (PLF) also showed significant improvement, rising by 5.9 points to 84.8%, reflecting enhanced operational efficiency and robust demand.