SAATM inches towards take-off with launch of 15 state pilot
SAATM inches towards take-off
Category Airlines
Azul to add three new A330neo to the fleet
The Brazilian carrier Azul Linhas Aéreas and Airbus announced on Wednesday they have signed a firm order for three additional Airbus A330-900 aircraft. These widebody jets will allow the airline to expand its international network further and complement its existing…
Air France-KLM launches €300 million bonds offering
Air France-KLM has launched an offering of deeply subordinated undated bonds worth €300 million that may be converted into new shares or are exchangeable for existing shares. The offering, which should help to improve the negative equity position of the airline…
Q2 loss confirms SpiceJet’s fragile balance sheet
Delhi-based low-cost airline SpiceJet reported a net loss of Rs-8.378 million ($-103.1 million) or Rs-5.777 million ($-71.1 million) excluding foreign exchange adjustments for its second quarter ending September 30. This compares to a net loss of Rs-5.617 million ($-69.1 million) or…
New Saudi lessor AviLease delivers first aircraft to flynas
UPDATE – New Saudi Arabian aircraft lessor AviLease has delivered its first two aircraft to an airline customer. Saudi low-cost carrier flynas took delivery of its first two Airbus A320neo’s, with ten more to follow this year and in 2023.…
Philippine Airlines produces another profitable quarter
Philippine Airlines (PAL) continues to recover from the pandemic, reporting its third profitable quarter in a row. Philippine Airlines produces another profitable quarter. The parent company PAL Holdings produced a PHP 4.9 billion ($86.8 million) operating income during Q3. The…