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IndiGo Reports 3Q Profit Drop Amid Rising Forex Losses

IndiGo, India’s largest airline, has reported an 18.6% decline in profit for the third quarter of 2024, with net earnings falling to $283 million. The profit decrease was largely attributed to ballooning foreign exchange losses, which significantly impacted the airline’s financial performance during the quarter ending December 31, 2024.

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Air Premia Expands Fleet with Sixth Boeing 787-9 Dreamliner

Air Premia, South Korea’s leading hybrid service carrier, has announced the addition of its sixth Boeing 787-9 Dreamliner, marking the airline’s first fleet expansion in over 18 months. This strategic move aligns with Air Premia’s commitment to offering premium yet essential services at competitive prices.

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China Cargo Airlines Expands Fleet with Four More B777Fs

China Cargo Airlines, a leading cargo carrier based in China, has announced plans to add four more Boeing 777 Freighters (B777Fs) to its fleet by the end of 2025. This expansion will increase the airline’s total freighter fleet to 18 units, enhancing its capacity to meet growing demand for air cargo services.