Air Astana, the national airline of Kazakhstan, has announced the launch of direct flights from Astana to Phu Quoc, Vietnam, scheduled to commence on December 3, 2024. The service will be operated by the Airbus A321LR, an extended-range variant designed to provide greater efficiency and comfort on longer routes. This new route marks Air Astana’s continued expansion into Southeast Asia, catering to both leisure…
BermudAir has successfully raised an additional $2 million through a tokenized bond issuance, bringing the total funding raised from this initiative to $3 million since May 2024. The Bermuda-based airline initially garnered $1 million earlier this year, and this latest funding round will bolster BermudAir’s ambitions to expand its fleet and add new routes, positioning it for growth in the…
Korean Air reported its 3Q 2024 financial results, showcasing a notable increase in revenue despite a decline in net profit. The airline’s revenue grew by 9.8% year-over-year, reaching $3.0 billion. However, net profit took a downturn, decreasing by 34.8% to $200.7 million, a reflection of various market and operational challenges.
flynas, a Saudi Arabian low-cost airline, has announced the launch of a new nonstop service connecting Riyadh to Entebbe, Uganda. Scheduled to commence on 12 January 2025, the route will be operated with the fuel-efficient Airbus A320neo. This new service marks an important step for flynas as it expands its international footprint in East Africa,…
Greater Bay Airlines, based in Hong Kong, is actively expanding its network in Japan with the recent launch of a new route connecting Hong Kong to Yonago. This addition marks a significant step in the airline’s strategic growth plan to increase connectivity between Hong Kong and popular Japanese destinations. As part of this initiative, Greater…
