Ryanair Holdings, Europe’s largest low-cost carrier, has reported a 3Q profit after tax of $156 million, driven by a 10% increase in revenue to $3.1 billion. The strong performance underscores Ryanair’s resilience amid evolving market conditions in the aviation industry.
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Jetstar Airways has taken delivery of a new Airbus A320neo, bearing serial number 12374. The aircraft is powered by LEAP-1A26 engines and is part of the airline’s ongoing fleet modernization efforts to enhance fuel efficiency and operational performance.
Aurigny, the flag carrier airline of Guernsey, has received a positive assessment following a thorough 2024 review of its fleet and strategic decision-making by the States Trading Supervisory Board (STSB). The findings conclude that there is “no evidence of negligence or gross misjudgment by management,” confirming the airline’s commitment to sound operational practices and prudent…
T’way Air Co., Ltd., a prominent South Korean low-cost carrier, has announced its financial results for the year ending December 31, 2024. The airline reported sales totaling $1.0 billion, a 13.9% increase compared to the previous year. However, the company also recorded a net loss of $41.5 million, underscoring the persistent challenges faced by the aviation industry amid fluctuating…
Etihad Airways (UAE) has delayed its highly anticipated $1 billion initial public offering (IPO) until at least April 2025. The airline has not disclosed the specific reasons for the postponement, leaving investors speculating on potential market conditions, regulatory approvals, or strategic adjustments influencing the decision.
Total Linhas Aereas, a Brazilian airline, has announced plans to add the C919, China’s domestically developed commercial jet, to its fleet. This significant move, confirmed by CEO Paulo Almada, makes Total Linhas Aereas one of the first airlines outside China to operate the C919, marking a milestone in the jet’s global adoption.
Air India Express is set to transition to an all-economy class configuration by April 2026. This strategic move aims to streamline operations and focus exclusively on the budget-travel sector, responding to increasing demand for economical travel solutions. The decision involves removing all business and premium economy seating from its aircraft, maximizing capacity and simplifying the…
