Cargojet to Expand B767-300F Fleet in 2025
Cargojet has announced plans to add four more Boeing 767-300 freighters to its fleet in 2025. The airline continues to expand its operations to meet increasing cargo demand.
Airbus | Aircraft | Airlines | Flag Carrier | Fleet | Manufacturers | Order
Airbus Reports January 2025 Order Book Updates
Airbus has updated its January 2025 order book, reflecting several significant transactions. The most notable order came from Lufthansa, which placed an order for 25 Airbus A320neos, strengthening its narrowbody fleet.
Air Serbia to Wet Lease Two More E190s from Bulgaria Air
Air Serbia is set to wet lease two additional Embraer E190s from Bulgaria Air to meet increased summer season demand. The fourth aircraft in this arrangement is expected to join the fleet by June 2025.
Air Lease to Deliver Five A321neo Aircraft to Qanot Sharq
Air Lease (US) has announced long-term lease agreements with Qanot Sharq Airlines (Uzbekistan) for the delivery of five Airbus A321neo aircraft, including three A321XLRs and two A321LRs. These aircraft will be delivered in 2026 and 2027 from Air Lease’s existing orderbook with Airbus.
Airlines | Boeing | CFM International | Delivery | Flag Carrier | Fleet | Wet Lease
Air Albania Takes Delivery of One B737-800, Serial 40880
Air Albania (Albania) has taken delivery of one Boeing B737-800, bearing serial number 40880, through a wet lease agreement with SkyUp Airlines (Ukraine). The aircraft is powered by CFM56-7B26E engines, reinforcing the airline’s narrowbody fleet.
Aero K Takes Delivery of One A320, Serial 2612
Aero K (South Korea) has expanded its fleet with the delivery of one Airbus A320, bearing serial number 2612. The aircraft is on lease and is powered by CFM56-5B6/P engines, further strengthening the airline’s narrowbody fleet.
Airlines | Debt | Financial | Flag Carrier
SriLankan Airlines Posts $6.6M Loss, Govt Allocates $68M for Debt
SriLankan Airlines reported a $6.6 million net loss for the seven months ending October 2024, as net traffic revenue fell 14.9% to $517.3 million. The decline reflects weaker demand and financial struggles, continuing the airline’s challenging financial trajectory.
Jeju Air Posts $1.3B Revenue in 2024, Net Profit Falls 83.8%
Jeju Air (South Korea) has announced its 2024 financial results, showing total revenue climbed 12.3% to $1.3 billion, reflecting strong passenger demand. However, the airline’s net profit plummeted 83.8% to $15 million, impacted by rising operational costs and economic challenges.
Airlines | Financial | Flag Carrier | IPO
Etihad Triples 2024 Net Profit to $476M, Eyes 1Q 2025 IPO
Etihad (UAE) has reported a significant surge in profitability for 2024, with net profit tripling to $476 million and revenues increasing 25% to $6.9 billion. The airline’s financial performance underscores strong passenger demand, strategic cost efficiencies, and expansion in key markets.
Cargojet Reports Strong 4Q and Full-Year 2024 Financial Results
Cargojet (Canada) reported a strong financial performance for 4Q 2024, with total revenue rising 32.1% to $206.7 million and net earnings reaching $50.2 million. The company’s full-year 2024 revenue grew 14.1% to $705 million, with net earnings of $108.4 million and net cash reserves of $231.7 million.