Wizz Air Reports 2025 Revenue Up, Profit Down

ByAdmin 06/06/202506/06/2025

Wizz Air Holdings (Hungary) has reported its financial results for the fiscal year ending 31 March 2025. The company’s total revenue increased by 3.8%, reaching US$6.0 billion. Despite this rise in revenue, Wizz Air’s net profit experienced a significant decline of 41.5%, dropping to $243.8 million. The carrier also reported a total cash position of $1.97 billionat the end of the period.

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Airlines | Financial | Flag Carrier

Turkish Airlines Doubles Capital Ceiling to $276M for 2025-2029

ByAdmin 19/02/202520/02/2025

Turkish Airlines has officially approved a capital ceiling increase, doubling its previous limit to $276 million for the 2025-2029 period. This decision replaces the previous ceiling, which was set to expire on December 31, 2024.

Sriwijaya Air Takes Delivery of Wet-Leased B737-800

ByAdmin 28/01/202530/01/2025

Sriwijaya Air, a leading Indonesian carrier, has expanded its fleet with the delivery of a Boeing 737-800, identified by serial number 29676. The aircraft is on wet lease from BBN Airlines Indonesia and is powered by CFM56-7B26 engines.

Airbus | Airlines | CFM International | Delivery | Fleet

IndiGo Expands Fleet with New A321neo and A320neo Deliveries

ByAdmin 01/11/202404/11/2024

India’s largest airline, IndiGo, has recently expanded its fleet with the addition of two new Airbus models: an A321neo with serial number 12081, powered by LEAP-1A32 engines, and an A320neo with serial number 12179, equipped with LEAP-1A26 engines. These new deliveries reflect IndiGo’s commitment to growth and operational efficiency as it meets high passenger demand…

Aircraft | Boeing | Corporation | Financial | Manufacturers

Boeing Reports January 2025 Orders, Including 34 B737 MAX and B777F Sales

ByAdmin 19/02/202520/02/2025

Boeing has reported its January 2025 aircraft transactions, reflecting significant orders and financial transfers. The records confirm that an unidentified customer placed an order for 34 B737 MAX aircraft, while another unidentified buyer ordered two B777F freighters.

Airlines | Credit | Crisis | Management

Go First Creditors Approve Dinkar Venkatasubramanian as Liquidator

ByAdmin 02/12/202404/12/2024

Go First (India) has reached a significant milestone in its bankruptcy proceedings, with the committee of creditorsapproving Dinkar Venkatasubramanian as the liquidator. This decision is expected to guide the airline’s resolution process, ensuring compliance with legal and financial frameworks.

Airbus | Airlines | Network

Qanot Sharq Launches New Tashkent-Sanya Route with A321neo

ByAdmin 13/11/202414/11/2024

Qanot Sharq, an airline based in Uzbekistan, has officially launched its new route from Tashkent to Sanya, with the inaugural flight taking place on November 4, 2024. This new service, operated by an Airbus A321neo, connects Uzbekistan’s capital with the popular tourist destination of Sanya in China’s Hainan province. The route aims to facilitate travel between Central Asia and one of…

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