Ural Airlines, a Russian carrier, has announced it will distribute $84.5 million in dividends from its 2024 profits, reflecting strong financial performance during the year. The company also revealed that the remaining $130.6 million of net profit will be directed to its Accumulation Fund, aimed at supporting future growth and strategic investments.
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Sichuan Airlines, one of China’s prominent regional carriers, has expanded its fleet with the addition of a new Airbus A321, serial number 2971. The aircraft, powered by V2533-A5 engines, enhances the airline’s operational capacity on high-demand routes across China and neighboring regions. Known for its reliability and fuel efficiency, the A321 is a valuable asset…
Ryanair has received a new Boeing 737-8200, known as the “Gamechanger” variant of the 737 MAX, marked by serial number 62389. The aircraft is powered by LEAP-1B27 engines, developed by CFM International, offering significant efficiency gains over earlier models.
Porter Airlines, based in Canada, is expanding its transborder services with the inauguration of three new seasonal routes connecting Ottawa and Montreal to the United States. Starting in the upcoming season, the airline will offer flights to Las Vegas from both Ottawa and Montreal, as well as a direct route from Montreal to Fort Lauderdale….
Israir has disclosed its financial results for 2024, showcasing a significant improvement in both revenue and profitability. The Israeli carrier’s revenue soared by 16.2% to reach US$453 million, a testament to its growing influence and expanding operations in the aviation market.
Azul (Brazil) reported strong revenue growth in the fourth quarter of 2024, with total operating revenue increasing 10.2% to $966 million. However, the airline faced significant financial challenges, posting a net loss of $689.2 million in the quarter.
Vietnam Airlines is seeking to bolster its financial standing through a proposed share issuance plan aimed at raising capital from existing shareholders. Lawmakers in Vietnam are currently evaluating options to facilitate this initiative, which could significantly strengthen the national carrier’s fiscal resilience and operational capabilities.
