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Pegasus Airlines Reports 19% Rise in 3Q 2024 Profit, Plans Fleet Expansion

ByAdmin

Pegasus Airlines, a prominent low-cost carrier from Turkiye, has reported a 19% increase in net profit for the third quarter of 2024, totaling $322 million. However, despite the strong quarterly performance, the airline’s net profit for the first nine months of 2024 saw a slight decline, falling 3% to $332 million. These figures reflect Pegasus Airlines’ adaptability and focus on profitability, even amidst…

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Jet2 Phases Out B757 Fleet as A321neo Deliveries Progress

ByAdmin

Jet2, the UK-based airline, has started retiring its Boeing 757 fleet as it receives new Airbus A321neo aircraft. This transition marks a significant fleet modernization for Jet2, with the remaining six B757s expected to be completely phased out by early January 2025. The introduction of the A321neo brings operational advantages such as increased fuel efficiency and lower emissions, aligning with the airline’s…