Delta Air Lines and Aeromexico have secured a key legal win after a US appeals court vacated a US Department of Transportation (DOT) order that would have forced the airlines to unwind their longstanding transborder joint venture.
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Norwegian Group has posted a net loss of $73.4 million for the first quarter of 2025, based on operating revenue of $639 million. The report reflects ongoing cost pressures and seasonal demand fluctuations typical of the first quarter, particularly in Europe’s low-cost air travel sector.
Bangkok Airways, a regional airline based in Thailand, is evaluating options to replace its aging fleet of 11 Airbus A319s and two A320s with either the Airbus A220 or the Embraer E2. A final decision is expected by the end of 2024, with aircraft deliveries anticipated to begin in 2026 at the earliest. This move reflects Bangkok Airways’ commitment to modernizing its fleet and enhancing operational…
Binter, the Spanish regional airline, has announced the launch of six new routes from Tenerife North Airport in 2025. The airline will connect Tenerife to Ponta Delgada, Valencia, San Sebastian, Pamplona, Granada, and Murcia, strengthening its network across Spain and the broader Atlantic region.
CDB Aviation, a global aircraft leasing company headquartered in Ireland, has completed a delivery of one Airbus A321neo to Aegean Airlines, marking a continuation of its support for the Greek flag carrier’s fleet modernization. The aircraft was transferred directly from CDB Aviation’s orderbook, underscoring the lessor’s long-term investment in new-generation aircraft.
Clover Aviation Capital has announced a $500 million unsecured revolving credit facility with Mizuho Bank, an increase from its previous $300 million facility.
Akasa Air, one of India’s newest and rapidly growing carriers, has reported robust financial results for the fiscal year ending March 31, 2025, highlighting its aggressive expansion and disciplined cost management. The airline announced a 49% year-on-year revenue increase, attributing the gain to strong unit profitability and a stage-adjusted RASK increase of 13%.
