Korean Air doubled its net profit in 2022 thanks to the recovery of passenger traffic in Southeast Asia, Oceania, and Japan. However, cargo generated lower revenues due to the slowdown of the global economy, the airline reported on February 1. Korean Air grows net...
Air France-KLM has placed an order for four Airbus A350Fs for its Dutch cargo subsidiaries Martinair and KLM Cargo. The aircraft will replace four aging Boeing 747-400Fs in the second half of 2026, the airline announced. Replacement of the 747s has been expected for...
The sky over Somalia will become active after a 30-year hiatus following ICAO’s reclassification of airspace over the country and the surrounding region to Class A. Air traffic control services went live over Somalia at one minute past midnight on the dawn of January...
Wizz Air is fully focused on improving operational performance in its next financial year 2024, which starts on April 1. It wants to get utilization hours back to pre-pandemic levels and eliminate any cost disadvantages to get unit costs down, in order to return to...
The Indian authorities on Friday levied a fine of Rs 3 million ($37.000) on Air India and another fine of Rs 300,000 (about $ 3.700) on the Director Inflight Services, apart from suspending the pilot in command for three months of a New York-Delhi flight for an...
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