Air Austral has reported a 1.6% increase in revenue to $514 million for the fiscal year 2024–25, which ended on 31 March 2025, marking a modest improvement in its top-line performance. However, despite the revenue growth, the airline ended the year with a net deficit just under $12.6 million, continuing its struggle to reach financial stability.
Fuji Dream Airlines, a regional Japanese airline known for its colorful fleet and domestic network, has launched a new executive leadership structure by appointing Shunsuke Honda as its new president. This change follows the retirement of Shunichi Kusunoki, who had served in the role and overseen significant developments in the airline’s operations.
Air Algerie, Algeria’s national airline, has signed a Memorandum of Understanding (MOU) with Sonatrach Holding, the country’s state-owned oil and gas conglomerate, to facilitate the transfer of ownership of Tassili Airlines. The agreement focuses on consolidating external and support aviation activities, indicating a broader restructuring within Algeria’s state-owned enterprises.
Sabena technics, a leading French independent MRO provider, has signed a Memorandum of Understanding (MOU)with Aer Lingus, Ireland’s flag carrier, to provide comprehensive base maintenance and aircraft enhancements for the airline’s Airbus A330 fleet. The work will be carried out at Sabena technics’ Bordeaux facility over a three-year period from 2026 to 2029.
SMBC Aviation Capital, one of the world’s leading aircraft leasing firms based in Ireland, has finalized an agreement to lease one Airbus A320neo to Air Cairo, an Egyptian low-cost and charter carrier. The aircraft is scheduled for delivery in 2026, further supporting Air Cairo’s ongoing strategy to modernize and expand its fleet.
Jambojet, the low-cost subsidiary of Kenya Airways, has announced the acquisition of its ninth aircraft, a De Havilland Canada Q400 turboprop, which is expected to arrive within the next week. This addition reinforces the airline’s strategy to expand and strengthen its domestic and regional presence in East Africa.
China Express Airlines is restructuring its fleet and procurement plans in a strategic shift that supports the introduction of domestically manufactured aircraft. The airline announced a reduction in its planned acquisition of A320 family aircraft, scaling down from four to two units. Additionally, the entity responsible for executing the transaction has been changed to Yunfei Aircraft Leasing (Shanghai)…
Vietravel Airlines, a Vietnamese carrier operating under the tourism-focused Vietravel Group, has received formal approval from its shareholders to increase its charter capital to $100 million. This significant move aims to bolster the airline’s financial foundation and support expansion efforts amid the region’s ongoing aviation recovery.
Air Canada has released preliminary results for its recently concluded substantial issuer bid, part of its ongoing efforts to enhance shareholder value and optimize capital structure. The airline had invited shareholders to tender their Class A Variable Voting Shares and Class B Voting Shares, offering to buy back up to $436 million worth of shares at prices ranging from $13.40 to…
Aeroflot Group has posted a robust financial performance for the first quarter of 2025, with revenues climbing 9.6% year-on-year to reach $2.4 billion. This growth reflects a rebound in international travel, higher load factors, and increasing passenger numbers across its domestic and global networks.
