Sun Country Airlines Holding, a hybrid carrier based in the United States, has reported its financial results for the first quarter of 2025, highlighting a profitable start to the year. The airline posted total operating revenue of $326.6 million, a 4.9% increase year-over-year.
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Volga-Dnepr Group (Russia) has initiated a lawsuit against Canadian authorities over the sanctions and seizure of its An-124-100 aircraft in Toronto. The aircraft, which has been grounded in Canada since sanctions were imposed, is now at the center of a legal and diplomatic dispute.
Air France-KLM, the Franco-Dutch airline group, has confirmed its intention to participate in the privatization process of TAP Air Portugal, the Portuguese national carrier. This announcement comes as the Portuguese government moves forward with plans to sell a stake in TAP, aiming to enhance the airline’s competitiveness and financial stability.
Japan Airlines has taken redelivery of its third and final Boeing 767-300BCF (Boeing Converted Freighter), marking the successful completion of its conversion order with Boeing. The aircraft, bearing serial number 37548, is now set to join Japan Airlines’ dedicated cargo fleet. The B767-300BCF is a popular choice for airlines seeking to expand their air freight capabilities due to its…
China Aircraft Leasing Group Holdings Limited (CALC) has been awarded its first-ever long-term credit rating, achieving an Ag- grade with a stable outlook. This recognition comes from the China Chengxin (Asia Pacific) Credit Ratings Company, a prominent credit assessment agency renowned for evaluating financial institutions in the Asia-Pacific region.
Centrum Air (Uzbekistan) has announced a strategic shift to a hub-and-spoke model starting from its summer 2025 schedule, positioning Tashkent as a major transit hub connecting East and West. This transformative initiative will be supported by a significant fleet expansion, set to more than double the airline’s capacity by July 2025.
Skymark Airlines, a leading Japanese carrier, has announced an anticipated change in its major shareholders. UDS Airlines Investment Limited Partnership plans to transfer 3.0 million shares to Sojitz Corporation through an off-market transaction. Following this transfer, Sojitz will hold more than 5% of voting rights in Skymark Airlines, positioning itself as a key shareholder.
