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Air Busan Reports 3Q 2024 Sales Increase, Operating Profit Decline

ByAdmin

Air Busan, a South Korean airline, has released its 3Q 2024 financial results, reporting an 8.6% increase in sales, which reached $178 million. However, the airline saw a decline in operating profit, down 13.3% to $26.6 million for the quarter. The mixed results indicate strong revenue growth but also highlight challenges in maintaining profitability amid fluctuating operating costs and market pressures.

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Volotea Projects 12 Million Passengers and $857M Sales by End of 2024

ByAdmin

Volotea, a Spanish low-cost airline, is on track to achieve substantial growth by the end of 2024, with a projected 12 million passengers transported. For the first nine months of the year, Volotea reported a 14.5% increase in sales, reaching $640 million, while EBITDA rose 21% to $129 million. The airline’s robust performance reflects its strong market position and expanding route network within…