T’way Air, a low-cost carrier based in South Korea, has reported its Q3 2024 financial results, showing a net loss of $2.2 million despite achieving a 14.5% year-over-year increase in sales to $281 million. The results highlight the challenges faced by the airline industry in balancing revenue growth with rising operational costs.
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Pegasus Airlines (Turkiye) has expanded its fleet with the addition of a new Airbus A321neo, identified by serial number 12071. The aircraft, powered by LEAP-1A32 engines, is part of Pegasus’ ongoing efforts to modernize its fleet and improve operational efficiency.
Saudia, the national carrier of Saudi Arabia, has expanded its fleet by acquiring an Airbus A330-300, serial number 1077, through a wet lease arrangement with Wamos Air, a Spanish charter and wet-lease operator. This aircraft is equipped with Trent 772B-60 engines, known for their efficiency and performance.
Renegade Air, a regional airline based in Kenya, has strengthened its fleet with the addition of a DHC8-100, serial number 392, leased from Avmax Aircraft Leasing, a Canada-based leasing company. Known for its operational reliability and fuel efficiency, the DHC8-100, also called the Dash 8, is well-suited for Renegade Air’s short-haul routes across Kenya and…
Copa Airlines (Panama) has appointed Robert Carey, a seasoned industry professional, to the newly created role of Executive Vice President (EVP). Carey will oversee the airline’s Commercial and Operational areas, marking a significant step in enhancing Copa’s strategic management and leadership capabilities.
Sunlight Air, a boutique airline based in the Philippines, has expanded its fleet with the delivery of its fourth aircraft, an ATR72-600, procured directly from ATR. This new addition underscores the airline’s commitment to enhancing inter-island connectivity and catering to the growing demand for regional air travel.
Global Airlines (UK) has successfully completed the first engine tests on its sole A380 aircraft, bearing serial number 120. The tests were conducted at the EFW (Elbe Flugzeugwerke) facilities in Dresden, Germany. While the airline had initially planned to launch operations in 2025, the exact start date remains pending as the company continues its preparations.
