UrbanLink Air Mobility (US) has announced a strategic partnership with FEAM Aero (US) to ensure the safety, efficiency, and readiness of its all-electric fleet. This collaboration marks a significant step in UrbanLink’s mission to revolutionize air mobility by providing sustainable and reliable transportation solutions.
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United Airlines, one of the largest carriers in the United States, has added a new A321neo to its fleet, serial number 12103, powered by PW1133G-JM engines. This latest delivery is part of United’s commitment to modernizing its fleet with advanced, fuel-efficient aircraft that align with its sustainability goals. The A321neo offers United Airlines increased capacity and efficiency, ideal for meeting the…
British Airways and Qatar Airways have received a five-year extension from the New Zealand government on their existing joint business agreement (JBA), reinforcing the strategic cooperation between the UK and Qatari flag carriers on flights to and from New Zealand. In a significant expansion of the agreement, Iberia—the national airline of Spain—has also been officially included in the refreshed deal.
Nolinor Aviation (Canada) has announced the official acquisition of the former North Cariboo Aviation complex in Edmonton, marking a major step in the carrier’s long-term expansion strategy. The newly acquired 41,600 sq. ft. facilitywill become Nolinor’s operational hub in Western Canada, supporting both scheduled and charter activities while significantly enhancing its in-house maintenance and ground handling capacity.
Air Transport Services Group (ATSG) has reported its 2024 financial results, posting total revenue of $2.0 billionand a net income of $27.4 million. The company also recorded $517 million in revenue for Q4 2024, with a quarterly net income of $14.7 million. The results highlight ATSG’s stable financial position in the air cargo and leasing industry.
Avation, the Singapore-based leasing company, has successfully completed the repurchase of 7.8 million shares through the market. This accounts for 10.45% of the company’s 74.6 million ordinary shares in issue. The repurchased shares will be held in treasury, reflecting the company’s strategic approach to managing its equity structure.
Qantas and other industry stakeholders have raised concerns about a proposed partnership between Qatar Airways and Virgin Australia. This agreement would see Qatar Airways operate new international routes on behalf of Virgin Australia, a move that has stirred debate within the Australian aviation industry. The Australian Competition and Consumer Commission (ACCC) is currently reviewing the deal to determine whether it aligns…
