Turkmenistan Airlines, the national carrier of Turkmenistan, has taken delivery of a Boeing 737-700, bearing serial number 37236. This aircraft is powered by CFM56-7B24 engines, known for their reliability and efficiency.
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American Airlines has expanded its fleet with the delivery of a new Boeing 737 MAX 8, serial 44510. This aircraft is powered by LEAP-1B25 engines, known for their fuel efficiency and improved operational performance.
Boeing has commenced the process of issuing layoff notices to 17,000 of its employees, a move set to reduce its workforce by 10%. This reduction comes as part of Boeing’s strategic efforts to stabilize its finances amid significant challenges impacting the aviation industry, particularly due to the reduced demand for air travel and aircraft orders…
AK Holdings Co., the parent company of Jeju Air, has announced the cancellation of its planned corporate bond issuance. The company has also requested the credit rating agency to withdraw the associated rating for the bond. This decision marks a shift in AK Holdings’ financing strategy as it navigates ongoing challenges in the aviation sector.
Fitch Ratings has revised its outlook on United Airlines, moving it from Stable to Positive, while affirming the airline’s Long-Term Issuer Default Rating (IDR) at ‘BB-’. This change reflects Fitch’s confidence in United Airlines’ improved financial stability and growth prospects, as the airline continues to recover post-pandemic and strengthen its market position in the competitive…
British Airways has announced the launch of special Avios-only flights between London Heathrow and Cape Townduring the peak festive period in December 2025. These flights will allow British Airways Executive Club members to book seats exclusively using Avios, the airline’s loyalty currency, rather than cash fares.
Emirates Group has reported a new record-breaking half-year financial performance for the first half of the 2025–26 fiscal year, reaffirming its position as the world’s most profitable airline group. The Group posted a profit before tax of AED 12.2 billion (US$3.3 billion), representing a 17% year-on-year increase and the fourth consecutive half-year record. Group revenue climbed 4% to AED 75.4 billion (US$20.6 billion), reflecting…
