flydubai reported record results for 2022, producing a historic profit of AED 1.2 billion ($327 million). It also inducted a record number of seventeen new aircraft but is still short of capacity, so it turned to wet leasing to add…
Canada Jetlines has deliberate growth plans
All Nippon Airways (ANA) wants to increase its operating income to ¥200 billion and net income to ¥122 billion in FY25, up from the goal of ¥120 billion and ¥63 billion respectively for FY23. Revenues should increase to ¥2.3 trillion over…
Delta Air Lines expects to significantly grow its revenues and earnings per share in 2023, based on strong growth and a full recovery to pre-pandemic levels. Solid free cash flow will help the airline to reduce its debt, it said…
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.…
Kuwait Airways has recently expanded its long-haul fleet by taking delivery of two more Airbus A330-800s. At the same time, the airline has grown its long-haul network by opening a new route between Kuwait and Kuala Lumpur, with more to come.…