Saudia will be the first airline to serve the Red Sea International Airport (RSI). This comes after the airline inked a Memorandum of Understanding (MOU) with Red Sea Global (RSG) and daa International. RSI, along with the first three resorts at The Red Sea location, is set to debut this year. It will begin with internal flights to and from Riyadh an …
China Eastern Airlines has planned a new direct service between Shanghai and Istanbul beginning September 28, 2023. This is the first time a Chinese airline has flown between China and Turkiye, linking the two globally known cities and significant aviation centers. MU703/704 will be the flight numbers for the Shanghai-Istanbul route, with three weekl …
StandardAero has been selected by Austrian Airlines, the national flag carrier airline of Austria, to continue providing maintenance, repair, and overhaul (MRO) services for the airline’s Pratt & Whitney Canada APS 2300 auxiliary power units (APUs). This exclusive multi-year contract extends a long-running relationship between the two companie …
The last 12 months has seen a seismic shift in aircraft fleet management at airlines. With passenger demand down in most markets and not expected to recover for some time, airlines are searching for cost savings where they can. High on their hit list are big planes, especially older big planes that are costly to run. Thousands of planes go into long …
Spirit Airlines recorded a net loss of $112 million for the first quarter of 2021. As the ultra-low-cost carrier (ULCC) charts a growth strategy and improvements in March, the airline is looking ahead to the summer. Its team managed capacity successfully and achieved a load factor of 72.1%, which is the highest it has been for the airline since the …
An online travel agency is enjoying a massive boost in bookings between Australia and New Zealand following the announcement of a travel bubble opening between the two countries. On the day New Zealand agreed to the travel bubble, trans-Tasman bookings surged 1570% on Skyscanner. That is great news for Skyscanner. The caveat is, there was barely an …
flypop said it has signed a multiple aircraft A330-300 lease deal with Avolon, the world’s third-largest aircraft lessor. Based in Ireland, Avolon provides lease and lease management services to airlines and airline investors globally. The flypop team has been in discussions with a number of leasing companies over the past few months, however, Avol …
The Boeing 787 Dreamliner became a hit amongst airlines when the manufacturer launched the program in April 2004. The wide-body aircraft, announced with ground-breaking technology at the time, has become Boeing’s second-most popular twin-aisle aircraft program in terms of gross orders. The 787 only lags behind the Boeing 777. It also had its fair s …
Although the airline company was founded almost two years ago, EGO Airways only operated its maiden flight just last week. On March 30th, the airline’s one and only Embraer E190 (affectionately named Martina) took off from Catania Fontanarossa Airport (CTA) for Giuseppe Verdi Airport in Parma (PMF). EGO Airways’ first commercial flight According to E …
American ultra-low-cost carrier (ULCC) Frontier Airlines has officially gone public. Pricing out at the lower end of its target share price, the airline is still expecting to raise over $200 million from the endeavor. Here is a look at how that could benefit the airline. Frontier’s initial public offering pricing Frontier Airlines announced its initi …
Startup airline GlobalX is gearing up to receive its first Airbus A321. The plane is due to arrive in Miami on April 12. It is another small step forward for the airline. The announcement comes just two months after GlobalX took delivery of its first Airbus. GlobalX’s second Airbus is landing in mid-April According to GlobalX’s social media, the airl …
JetBlue Airways has announced that it intends to offer US$650 million aggregate principal amount of convertible senior notes due 2026, subject to market and other conditions. The notes are being offered only to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A (the offering) under the Securities Act of 1933, as …
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