airBaltic (Latvia) has announced its financial results for 2024, reporting a 12% year-on-year increase in revenue, reaching $815 million. Despite the revenue growth, the airline recorded a net loss of $128.5 million, highlighting ongoing operational and financial pressures.
Discover Airlines (Germany) has expanded its fleet with the addition of an Airbus A320, serial 8902, powered by CFM56-5B4/3 engines. This aircraft supports the airline’s operational growth and network expansion, reinforcing its commitment to efficient and reliable services.
Eurowings, a subsidiary of the Lufthansa Group, reported an adjusted EBIT of US$217.3 million for the year 2024, with revenues totaling approximately US$3.1 billion.
Croatia Airlines has warned of negative financial outcomes in the short term, citing challenges associated with its fleet renewal investment cycle. The airline is currently undergoing a major fleet transition, which is expected to improve long-term operational efficiency but will temporarily strain financial performance.
Norwegian, one of Europe’s largest low-cost carriers, has announced an agreement to purchase ten Boeing 737-800 aircraft that are currently part of its leased fleet. The airline will fund the transaction using cash on hand, with the deal expected to be finalized in Q1 2025.
International Airlines Group (IAG) is exploring the potential launch of a new low-cost carrier (LCC) in Madrid, should salary negotiations with Iberia Express pilots fail to reach a resolution. At the same time, the Group is reconsidering its position in Air Europa, weighing the possibility of maintaining its 20% stake without participating in an upcoming capital increase.
Wizz Air Malta, a subsidiary of Wizz Air, has taken delivery of a new Airbus A321neo, serial number 12378. The aircraft, powered by PW1133G-JM engines, aligns with the airline’s commitment to fuel efficiency, lower emissions, and cost-effective operations.
Condor, the German leisure airline, has confirmed a wet lease agreement with Fly Air41, a Croatian carrier, for the temporary addition of an Airbus A319 to its fleet. The aircraft will be based in Frankfurt and will operate between May 1 and October 25, 2025, supporting Condor’s seasonal network expansion during the peak summer travel period.
Wizz Air (Hungary) has announced the introduction of a new summer route connecting Cluj-Napoca (Romania) and Heraklion (Greece), scheduled to commence on 17 June 2025. The launch reinforces Wizz Air’s commitment to expanding its seasonal leisure destinations across Europe.
Ryanair Holdings, Europe’s largest low-cost carrier, has reported a 3Q profit after tax of $156 million, driven by a 10% increase in revenue to $3.1 billion. The strong performance underscores Ryanair’s resilience amid evolving market conditions in the aviation industry.
