BBN Airlines Indonesia is preparing for the next stage of its fleet and operational expansion in 2026 with the planned introduction of three Airbus A320-200 aircraft, adding a second narrowbody type alongside its existing Boeing 737-800 fleet.
Global Crossing Airlines Group (GlobalX) reported a 40% increase in revenue for 2024, reaching US$223.8 million, compared to US$160.1 million in the previous year. Despite the revenue growth, the airline recorded a net loss of US$11.5 million, an improvement from the US$21.0 million net loss in 2023. The company ended the year with a cash balance of US$14.0 million, including restricted cash.
Jet Time, a Danish airline specializing in charter and ACMI operations, has announced its best-ever financial performance, achieving a pre-tax profit of $6.1 million in its last fiscal year. This record-breaking result highlights the airline’s strong operational performance and strategic efficiency.
Electra Airways, a Bulgarian airline specializing in ACMI and charter operations, has announced its ambitious plans to expand its fleet in the coming years. The airline aims to grow its fleet to 12 narrowbody Airbus A320 family aircraft by 2025, with further expansion to 15 aircraft by 2026.
