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Singapore Airlines Takes Delivery Of B737-8 Serial 44265

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Singapore Airlines has received a new Boeing 737-8, bearing serial number 44265, as part of its ongoing narrowbody fleet modernization program. The aircraft is powered by LEAP-1B27 engines, supplied by CFM International, offering improvements in fuel efficiency and noise reduction over previous-generation models.

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Thai Airways Restructures Shareholding via Debt-to-Equity Conversion

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Thai Airways International has undergone a significant shareholding restructure as part of a debt-to-equity conversion, altering the composition of its major shareholders. This move is a key element of Thai Airways’ broader restructuring plan aimed at improving its financial stability and positioning the airline for long-term recovery.

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Thai Airways Signs A350 Retrofit LOI With Airbus

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Thai Airways International has signed a Letter of Intent (LOI) with Airbus to retrofit its fleet of A350 aircraft, beginning in 2028, with state-of-the-art cabin upgrades. The agreement marks a key milestone in Thai Airways’ ongoing fleet modernization and passenger experience enhancement strategy.

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IndiGo Reports 3Q Profit Drop Amid Rising Forex Losses

ByAdmin

IndiGo, India’s largest airline, has reported an 18.6% decline in profit for the third quarter of 2024, with net earnings falling to $283 million. The profit decrease was largely attributed to ballooning foreign exchange losses, which significantly impacted the airline’s financial performance during the quarter ending December 31, 2024.

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Korean Air 3Q 2024 Revenue Increases Despite Profit Decline

ByAdmin

Korean Air reported its 3Q 2024 financial results, showcasing a notable increase in revenue despite a decline in net profit. The airline’s revenue grew by 9.8% year-over-year, reaching $3.0 billion. However, net profit took a downturn, decreasing by 34.8% to $200.7 million, a reflection of various market and operational challenges.

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IndiGo Takes Delivery Of A321neo MSN 12455

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IndiGo, India’s largest airline by market share, has taken delivery of a new Airbus A321neo, bearing manufacturer serial number (MSN) 12455. The aircraft is powered by LEAP-1A32 engines, produced by CFM International, and will be integrated into the airline’s expanding narrowbody fleet focused on fuel efficiency and route optimization.