airBaltic swings to loss in 2024
airBaltic full year 2024 results plummeted to a net loss of €118.2 million, compared to a €33.7 million profit in 2023. The company said this primarily due to accelerated depreciation on its Pratt & W...
airBaltic full year 2024 results plummeted to a net loss of €118.2 million, compared to a €33.7 million profit in 2023. The company said this primarily due to accelerated depreciation on its Pratt & W...
Cyprus Airways may take legal action against engine manufacturer Pratt & Whitney if an agreement is not reached soon regarding the prolonged grounding of its A220 fleet due to the geared turbofan (GTF...
Blueberry Aviation secured asset acquisitions totalling $113.65 million in 2024. The company said the assets are expected to meet sustained demand from its global clients. “Our 2024 performance demons...
Lithuanian charter and aircraft leasing company GetJet Airlines has appointed Inga Duglas as its new chief executive officer.Duglas will assume the role from March 12, 2025, succeeding Rūta Kulvinskai...
Jetcraft Commercial delivered two ATR 72-500 aircraft to Indonesian regional airline FlyJaya. The turboprops were first secured by Jetcraft Commercial from Cebu Pacific and have undergone comprehensiv...
SAS will resume services between Scandinavia and Beirut in June, after the airline ceased operations to the Lebanese capital in October 2023.The airline will restart flights from both Stockholm and Co...
Air France-KLM has reportedly made a €300 million offer for a 51% stake in Air Europa, according to Spanish newspaper El Confidencial. The group offered to pay the Hildago family in exchange for their...
Jackson Square Aviation (JSA) has placed a firm order with Airbus for 50 A320neo family aircraft. It marks the first direct order placed by the aircraft lessor with Airbus. The order follows its direc...
Airbus Helicopters introduced its H140 helicopter at the VERTICON industry show in Dallas, Texas. The aircraft is a light, twin-engine, complementing Airbus' current light twin offering for the emerge...
Heathrow's passenger numbers were down slightly, falling 1.5% to 5.7 million passengers in February 2025 compared to the same period a year prior. However, consolidated January and February figures to...
Nordic Aviation Capital (NAC) has sold two E190 airframes and two engines to Regional One, a purchaser, lessor, and seller of aircraft and parts.Additionally, NAC has also sold one E175 aircraft to ai...
airBaltic carried 289,500 passengers during February, the highest amount ever carried by the airline during the month. This figure also represents a 4% increase on the year prior. The number of flight...
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