Somon Air Partners With DAE Capital To Acquire Two Boeing 737-8 Aircraft

ByAdmin 31/01/202503/02/2025

Somon Air, Tajikistan’s leading airline, has entered into an agreement with DAE Capital, a prominent leasing company based in the United Arab Emirates, to acquire two new Boeing 737-8 aircraft. These aircraft are slated for delivery in 2026, marking a significant step in Somon Air’s fleet modernization and expansion strategy.

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Airbus | Airlines | Airports | Network | Traffic

Ryanair Launches New Zagreb-Palermo Route for Summer 2024

ByAdmin 28/10/202430/10/2024

Ryanair has announced the launch of a new direct route from Zagreb to Palermo, Italy, beginning March 30, 2024, and running through the summer season. Scheduled to operate on Tuesdays, Thursdays, and Sundays, the route will utilize the 180-seat Airbus A320 from Lauda Europe, Ryanair’s Austrian subsidiary.

Delta and Airbus Partner to Advance Next-Gen Aviation Tech

ByAdmin 08/01/202512/01/2025

Delta Air Lines (US) has entered into a groundbreaking partnership with Airbus UpNext, the innovation-focused subsidiary of Airbus, to explore and develop next-generation aviation technologies. This collaboration aims to revolutionize the future of flying by focusing on advancements that improve sustainability, efficiency, and passenger experience.

Corporation | Lessor | Management

Azorra Names Damon D’Agostino as Chief Business Officer

ByAdmin 08/01/202512/01/2025

Azorra, a US-based aircraft leasing and finance company, has announced the appointment of Damon D’Agostino as its Chief Business Officer (CBO). This newly created role underscores Azorra’s focus on expanding its business operations and driving strategic growth initiatives.

Airlines | Financial | Investor

Fly Modern Ark Offers Financial Support to Linhas Aéreas de Moçambique Amid Financial Strain

ByAdmin 29/10/202431/10/2024

Fly Modern Ark, a South African aviation investment firm, has identified a need for more than €9 million to support the financial and operational recovery of Linhas Aéreas de Moçambique (LAM). The proposed investment aims to address immediate cash flow challenges and establish a sustainable path forward for Mozambique’s national airline. Having previously collaborated with…

Airlines | Financial

Austrian Airlines Increases Adjusted EBIT by 8%, Driven by Revenue Growth

ByAdmin 29/10/202431/10/2024

Austrian Airlines has reported an 8% rise in adjusted earnings before interest and taxes (EBIT), reaching $150.2 million, for its latest financial period. This growth comes on the back of a 6% increase in total revenue, which climbed to $846 million.

Airbus | Airlines | Network

Dan Air to Launch Nine Routes from Bucharest in April 2025

ByAdmin 26/12/202402/01/2025

Dan Air, a Romanian carrier, has announced plans to launch regular flights on nine new routes from Bucharest in April 2025, utilizing its fleet of Airbus A320 aircraft. This strategic expansion reflects the airline’s ambition to strengthen its presence in the European market and enhance connectivity from Romania’s capital.

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