AirAsia X no longer is listed as a troubled company on the Malaysian stock exchange. Bursa Malaysia lifted the so-called Practice Note 17 status as of today, which means that the low-cost, long-haul airline again fulfills all the requirements of…
Air Arabia is sticking with CFM LEAP-1As for its future fleet expansion in the coming years. The Sharjah-based low-cost airline has signed an agreement with CFM for 240 engines to power 120 Airbus A320neo family aircraft. CEO Adel Al Ali told…
Airbus is speeding up the production rate of the A350. On the back of various successful and promising sales campaigns, the rate will go to ten aircraft per month in 2026 from the current six. The airframer said in February…
UPDATE – Embraer reported its first Q3 net profit to shareholders since 2017, ending the 2023 third quarter with a $61 million result. Excluding special items, the net profit was $32.9 million. All business units produced positive results, although revenues…
UPDATE – Delhi-based low-cost airline IndiGo has reported a profit of Rs 8 billion excluding foreign exchange loss for its Q2 that ended in September. If the foreign exchange loss is included the net profit for the quarter ended stands…
Turkish Airlines continues to walk the path of strong growth, reporting higher operating results for Q3 and the first nine months of 2023. The carrier sees no immediate slowing down of demand, so proceeds with the expansion strategy for the short…