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Spirit Airlines Reports Increased 3Q 2024 Losses

Spirit Airlines (US) has reported its financial results for 3Q 2024, showing a mixed performance. While total operating revenues stood at $1.1 billion, marking a slight year-over-year decrease, the airline faced a significant net loss of $308 million, which nearly doubled compared to the same quarter in the previous year.

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flyadeal Eyes Expansion to India, China, and Southeast Asia

flyadeal, a low-cost carrier based in Saudi Arabia, has announced plans to expand its international footprint by targeting new markets in India, China, and Southeast Asia. The airline has expressed a particular interest in launching services to India within the next 12 months, with additional routes to China and Southeast Asia to follow.

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Tony Fernandes Criticizes Sustainable Aviation Fuel Viability

Tony Fernandes, co-founder of AirAsia (Malaysia), has expressed skepticism about the practicality of sustainable aviation fuel (SAF), calling it an idea that “makes absolutely no sense.” Instead, Fernandes advocates for the aviation industry to focus on adopting new-technology aircraft and engines to achieve sustainability goals.