United Airlines (US) has expanded its fleet with the addition of a Boeing B737-8, identified by serial number 67628. The aircraft, powered by LEAP-1B28 engines, reinforces United’s commitment to fleet modernization and sustainability.
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Hainan Airlines has taken delivery of a new Airbus A320neo, bearing serial 12397. The aircraft is powered by LEAP-1A26 engines, providing enhanced fuel efficiency and reduced emissions.
Vietnam Airlines has received official shareholder approval to increase its charter capital by $347.1 million, forming a central component of its strategic long-term plan. The capital infusion will support the acquisition of 50 new aircraft, significantly strengthening the airline’s competitive position in both domestic and international markets.
Eastar Jet (South Korea) has officially entered the belly cargo business, launching operations on its Seoul Incheon–Bangkok route. This new initiative is part of the airline’s strategic plan to diversify its revenue streams and optimize the use of its passenger aircraft. The airline plans to expand its cargo services further, with routes to Tokyo, Osaka, Taipei, Shanghai, and Zhengzhouscheduled to commence in February 2024. These…
Lufthansa City Airlines, the newly launched subsidiary of Germany’s Lufthansa Group, has taken delivery of its first brand-new Airbus A320neo, bearing serial number 12540 and powered by PW1127G-JM engines. This marks the beginning of a significant fleet expansion plan as the airline prepares to scale its short- and medium-haul operations across Europe.
IAG (UK) has announced the launch of IAGi Ventures, its new corporate venturing arm, with plans to invest up to $216 million over five years in high-potential companies. The initiative aims to drive innovation, technological advancements, and strategic business growth, strengthening IAG’s long-term position in the aviation and travel sectors.
Norwegian Group has released its financial results for 2024, highlighting a 38% increase in operating revenue to $3.1 billion. Despite this significant revenue growth, the company experienced a 22% decline in net profit, totaling $120.5 million for the year.
