Ryanair (Ireland) has announced plans to commence operations from Paris Orly Airport in 2025, introducing new connections to Bergamo (Italy) and Bratislava (Slovakia). This marks a significant expansion of the airline’s network from one of Europe’s busiest airports.
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Lufthansa Group has announced an operating profit (Adjusted EBIT) of €1.3 billion for Q3 2024, reflecting robust performance during a strong summer travel season.
Emirates (UAE) has taken delivery of a new A350-900 aircraft, serial 704, which is powered by Trent XWB-84 enginesproduced by Rolls-Royce. This addition marks a milestone for Emirates as it incorporates the highly efficient A350-900 into its modern fleet, expanding its long-haul capacity and supporting its sustainability goals.
Iraqi Airways has significantly expanded its fleet, adding 13 new aircraft as part of its ongoing modernization and growth strategy. The newly delivered aircraft include five A220s, six B737 MAXs, and two B787-8s. In addition, the airline has successfully returned 14 previously grounded aircraft to active service, reflecting a concerted effort to enhance operational efficiency and meet growing passenger demand.
Ethiopian Airlines Group, Africa’s largest carrier, has finalized a comprehensive engine supply agreement with GE Aerospace (US), confirming its selection of GEnx engines for a fleet of 11 new Boeing 787 Dreamliners and GE9X engines for eight Boeing 777-9 aircraft. The deal includes options for six additional GE9X-powered 777-9s, reflecting the airline’s confidence in GE’s latest propulsion technologies.
Spirit Airlines, based in the United States, has cautioned that its shareholders could see their equity wiped out as the airline negotiates a restructuring deal with creditors. This announcement underscores the financial difficulties Spirit faces as it seeks to stabilize its operations through a comprehensive restructuring plan, which could impact current shareholder value significantly.
Thai Airways International is preparing for a major international expansion as it nears the completion of its debt restructuring process in late 2025. Debt administrator Piyasvasti Amranand has outlined plans for network growth, positioning the airline for stronger global competition.
