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TAROM Reports $18.7M Loss for 2023 Despite Revenue Growth

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TAROM, Romania’s national airline, has announced its 2023 financial results, reporting a net loss of $18.7 million. Despite the loss, TAROM experienced a 21.7% increase in total revenues, reaching $384 million. The airline’s revenue growth reflects a recovery in travel demand; however, financial challenges persist as TAROM continues to work toward sustainable profitability.

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Lufthansa Cargo Strengthens Strategic Partnerships in China

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Air New Zealand and Cathay Pacific’s Joint Venture Extended for Five More Years

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Virgin Australia Pilots Support Qatar Airways Deal with Conditions

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The Virgin Australia pilots’ union has extended its qualified support for the airline’s proposed partnership with Qatar Airways, as outlined in a recent submission to the Australian Competition and Consumer Commission (ACCC). The union’s conditional backing reflects an interest in strengthening the alliance between Virgin Australia and Qatar Airways while ensuring that pilots’ terms and conditions are safeguarded. This cautious endorsement…