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Uganda Airlines Approved to Acquire Two Cargo Freighters

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Uganda Airlines has received official approval from the government to proceed with its proposal to acquire two dedicated cargo freighters, a Boeing 777F and a Boeing 737-800BCF. The acquisition is part of the airline’s strategic plan to expand its services into the air cargo sector, leveraging the growing demand for freight transportation in Africa and globally.

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TAP to Issue €350 Million in Five-Year Bonds for Debt Refinancing

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TAP Air Portugal announced plans to issue €350 million in five-year bonds, targeting institutional investors as part of a strategy to strengthen its financial position and extend debt maturity. The initiative aims to refinance TAP’s existing liabilities and consolidate its cash flow amidst ongoing financial challenges. The airline expects the proceeds to enhance its financial…

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Brussels Airlines to Launch Brussels–Funchal Flights in April 2025

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Brussels Airlines (Belgium) has announced plans to launch a new nonstop route connecting Brussels Airport to Funchal, Madeira, starting on April 5, 2025. The service will be operated using Airbus A320ceo or A320neo aircraft, providing passengers with a convenient and comfortable travel option to this sought-after destination.

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Turkish Airlines Reports $2.7 Billion Net Profit for First 9 Months of 2024

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Turkish Airlines has reported a strong financial performance for the first nine months of 2024, achieving a net profit of $2.7 billion on total revenues of $17.0 billion. The airline’s robust cash position, with cash and cash equivalents totaling $1.7 billion at the end of the period, highlights its financial resilience and capacity for continued…

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Air Serbia Explores Belgrade-Beijing Route for Summer 2025

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Air Serbia is evaluating the possibility of introducing a new direct flight between Belgrade and Beijing in the summer of 2025. This prospective route would replace the recently discontinued service to Tianjin, allowing Air Serbia to maintain its presence in the Chinese market and strengthen connectivity between Serbia and China.

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IndiGo Expands Fleet with New A320neo, Powered by LEAP-1A26 Engines

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IndiGo, India’s largest low-cost carrier, has taken delivery of an Airbus A320neo, serial number 12026, powered by the advanced LEAP-1A26 engines. This latest addition is part of IndiGo’s ongoing fleet expansion strategy, focusing on operational efficiency and environmental sustainability. The LEAP-1A26 engines, co-developed by CFM International, offer substantial fuel savings and reduced emissions, making them…