Jazeera Airways, Kuwait’s leading low-cost airline, reported a strong financial performance for the third quarter of 2024, with a 66.1% increase in net profit, reaching $37.8 million. The airline’s Group operating revenue also grew by 5.7% year-over-year, totaling $211 million. This substantial profit growth underscores Jazeera Airways’ successful strategies in managing operational efficiency and capitalizing…
IndiGo, India’s largest low-cost airline, has announced a new international route connecting Pune to Dubai, with the inaugural flight scheduled for 22 November 2024. This direct service will be operated by the Airbus A320neo, known for its fuel efficiency and passenger comfort. The Pune–Dubai route marks an important expansion in IndiGo’s network, providing travelers with…
Pegasus Airlines, a major Turkish low-cost carrier, has bolstered its fleet with the recent addition of an Airbus A321neo. The new aircraft, identified by serial number 12008 and powered by LEAP-1A32 engines, aligns with Pegasus Airlines’ strategy to expand its fleet with fuel-efficient, environmentally friendly aircraft that meet rising demand in Turkey and the broader…
Air Cairo, a key player in Egypt’s low-cost airline sector, has expanded its fleet with the recent addition of a new Airbus A320neo. The aircraft, identified by serial number 12242, is powered by advanced LEAP-1A26 engines, providing enhanced fuel efficiency and reduced emissions. This delivery marks another step in Air Cairo’s commitment to modernizing its…
Jeju Air, South Korea’s largest low-cost carrier, has reported a 5.4% increase in sales for the third quarter of 2024, totaling $335.2 million. However, the airline experienced a significant 59% decline in net profit, which fell to $31.3 million. The mixed results highlight the challenges Jeju Air faces in balancing revenue growth with profitability amid…
Wizz Air Holdings, the Hungarian low-cost carrier, reported notable growth in passenger traffic for October 2024, with a 4.1% increase to 5.6 million passengers. Alongside this rise in passenger numbers, Wizz Air also achieved a slight increase in load factor, reaching 92.9%, up by 0.4 percentage points from the previous year. The airline expanded its…
Aero K, a low-cost airline based in South Korea, has announced the launch of a new route connecting Seoul Incheon International Airport to Kaohsiung, Taiwan. Starting from January 2, 2025, the airline will operate this route with an Airbus A320, marking a significant step in expanding its regional network.
Ryanair, the prominent low-cost airline based in Ireland, has expanded its fleet with the addition of a new Boeing 737-8200, serial number 62383. This latest delivery is powered by LEAP-1B27 engines, known for their fuel efficiency and lower emissions, supporting Ryanair’s operational goals.
In preparation for the upcoming high-demand season, Argentine low-cost airline Flybondi has announced the wet lease of two Boeing 737 aircraft from Spanish operators. This strategic move aims to bolster Flybondi’s operational capacity and ensure seamless service during peak travel periods.
Breeze Airways, the U.S.-based low-cost carrier, has announced plans to continue operating its Embraer aircraft until 2026, extending their service beyond initial projections. This strategic decision reflects the airline’s commitment to maintaining operational flexibility and meeting evolving market demands.
