Air India CEO Campbell Wilson anticipates that the global shortage of aircraft, which is currently hampering airline growth worldwide, will continue for at least the next four to five years.
Kuwait Airways is in the early stages of a fleet expansion plan as it looks to enhance its operational capacity. The airline, which currently operates 33 aircraft, is assessing options for increasing its fleet size to meet future market demands.
Airbus has released its fiscal 2024 financial results, showcasing a 6% revenue increase to $72.2 billion. The company achieved a net income of $4.4 billion and a free cash flow before customer financing of $4.6 billion, reinforcing its financial stability and strong cash flow generation.
Airbus continues to aim for a monthly production rate of 12 A350 aircraft by 2028, reaffirming its long-term production strategy despite supply chain challenges. The company has also revised the entry into service (EIS) timeline for the A350F, which is now expected in 2H 2027 instead of the previously estimated date.
Cathay Pacific, the flagship carrier of Hong Kong, has officially launched a bidding process to acquire new widebody aircraft, with the Airbus A350, Boeing B787, and B777X competing for the order. While the final number of jets to be procured has not been confirmed, this development highlights Cathay Pacific’s commitment to modernizing its fleet.
Korean Air has launched its first scheduled service with the Airbus A350, operating on routes between Seoul Incheon International Airport and the Japanese cities of Fukuoka and Osaka Kansai. The service is available from January 27, 2025, to March 29, 2025, marking a significant milestone in the airline’s fleet operations.
Delta Air Lines is making significant adjustments to its fleet strategy for 2025. Following the retirement of just over 20 aircraft in 2024, the airline anticipates phasing out an additional 30 aircraft next year. At the same time, Delta plans to bolster its operations with the delivery of 40+ new aircraft, of which 12 to 13 will be widebody models, including Airbus…
Airbus has announced its 2024 performance, reporting the delivery of 766 commercial aircraft to customers worldwide. The year also saw 878 gross orders and 826 net orders, reflecting strong demand across its product range.
Airbus fell just short of its annual delivery target for 2024, completing the delivery of approximately 760 aircraft to customers. While December alone accounted for close to 120 deliveries, the overall total did not quite reach the ambitious goal set by the manufacturer. Official delivery numbers are expected to be published next week, providing a clearer picture of the…
Korean Air has expanded its fleet with the delivery of a new Airbus A350, featuring serial number 681. This aircraft is powered by advanced Trent XWB-84 engines, developed by Rolls Royce, offering superior efficiency and performance.
