Volaris, Mexico’s leading ultra-low-cost airline, posted a net income of $46 million for the fourth quarter of 2024, despite a 7% decline in operating revenue to $835 million. The airline’s financial position remained strong, with total cash, cash equivalents, restricted cash, and short-term investments reaching $954 million.
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The Indonesian government is reportedly evaluating a change in leadership at Garuda Indonesia, as part of an initiative to enhance the airline’s profitability and support its growth ambitions. Current CEO Irfan Setiaputra may be replaced in a strategic move to position Garuda for a more financially stable and competitive future. Leading candidates for the position…
Pegasus Airlines, a major low-cost carrier in Türkiye, has expanded its fleet with the recent delivery of an Airbus A321neo, serial number 12073, powered by LEAP-1A32 engines from CFM International. This addition marks another step in Pegasus Airlines’ commitment to modernizing its fleet with fuel-efficient, environmentally friendly aircraft that support sustainable operations.
Egypt-based carrier Nesma Airlines has officially taken delivery of an Airbus A320, bearing serial number 3135, on lease and powered by dependable CFM International CFM56-5B4/P engines. This aircraft acquisition supports Nesma Airlines’ continued fleet growth and operational expansion strategy.
Brazil’s Minister of Ports and Airports has announced that the government will take a measured approach to TAP Air Portugal‘s upcoming privatization process, awaiting the official prospectus and market offer before engaging Brazilian companies.
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.
Asiana Airlines, based in South Korea, has announced plans to repay $976 million in loans from creditor banks earlier than initially scheduled. This significant financial move is expected to reduce the airline’s debt ratio by more than 1000%, marking a major step in its financial restructuring efforts.
The Indonesian government is reportedly evaluating a change in leadership at Garuda Indonesia, as part of an initiative to enhance the airline’s profitability and support its growth ambitions. Current CEO Irfan Setiaputra may be replaced in a strategic move to position Garuda for a more financially stable and competitive future. Leading candidates for the position…
Pegasus Airlines, a major low-cost carrier in Türkiye, has expanded its fleet with the recent delivery of an Airbus A321neo, serial number 12073, powered by LEAP-1A32 engines from CFM International. This addition marks another step in Pegasus Airlines’ commitment to modernizing its fleet with fuel-efficient, environmentally friendly aircraft that support sustainable operations.
Egypt-based carrier Nesma Airlines has officially taken delivery of an Airbus A320, bearing serial number 3135, on lease and powered by dependable CFM International CFM56-5B4/P engines. This aircraft acquisition supports Nesma Airlines’ continued fleet growth and operational expansion strategy.
Brazil’s Minister of Ports and Airports has announced that the government will take a measured approach to TAP Air Portugal‘s upcoming privatization process, awaiting the official prospectus and market offer before engaging Brazilian companies.
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.
Asiana Airlines, based in South Korea, has announced plans to repay $976 million in loans from creditor banks earlier than initially scheduled. This significant financial move is expected to reduce the airline’s debt ratio by more than 1000%, marking a major step in its financial restructuring efforts.
The Indonesian government is reportedly evaluating a change in leadership at Garuda Indonesia, as part of an initiative to enhance the airline’s profitability and support its growth ambitions. Current CEO Irfan Setiaputra may be replaced in a strategic move to position Garuda for a more financially stable and competitive future. Leading candidates for the position…
Pegasus Airlines, a major low-cost carrier in Türkiye, has expanded its fleet with the recent delivery of an Airbus A321neo, serial number 12073, powered by LEAP-1A32 engines from CFM International. This addition marks another step in Pegasus Airlines’ commitment to modernizing its fleet with fuel-efficient, environmentally friendly aircraft that support sustainable operations.
Egypt-based carrier Nesma Airlines has officially taken delivery of an Airbus A320, bearing serial number 3135, on lease and powered by dependable CFM International CFM56-5B4/P engines. This aircraft acquisition supports Nesma Airlines’ continued fleet growth and operational expansion strategy.
Brazil’s Minister of Ports and Airports has announced that the government will take a measured approach to TAP Air Portugal‘s upcoming privatization process, awaiting the official prospectus and market offer before engaging Brazilian companies.
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.
Asiana Airlines, based in South Korea, has announced plans to repay $976 million in loans from creditor banks earlier than initially scheduled. This significant financial move is expected to reduce the airline’s debt ratio by more than 1000%, marking a major step in its financial restructuring efforts.
