Iran’s recent ballistic missile strikes on Israel have caused concern for the safety of civilian aircraft within the region. The missile launches – which originated in western Iran – affected a large area that spanned Iraq, northern Saudi Arabia, Jordan, southern Syria, and Israel. Despite the widespread impact, operators received little to no warning of
Gabonese airline Afrijet has signed a firm order for one ATR 42-600 aircraft, with an option for one more. The new aircraft will replace Afrijet’s former generation ATR 42-500, with Afrijet set to operate the aircraft under the livery of the newly formed airline FlyGabon. “The acquisition of this ATR 42-600 represents a significant step
European airport trade body – ACI EUROPE – has released its August air traffic report which highlights a 5.6% increase in traffic at European airports in comparison to the same month of 2023. The data also displayed that passenger volumes during the month were standing above pre-pandemic levels, up 2.3% when compared to August 2019.
Aer Lingus is set to expand its US network further, with the airline launching direct flights from Dublin to Nashville. The new service will be operated by the airline’s soon to be delivered A321XLR aircraft and will operate four times weekly. “We are thrilled to add Nashville to our expanding North American network, offering Irish
Avolon sold 11 aircraft during the third quarter 2024, it said in its quarter update on October 3, 2024. It ended the quarter with 59 aircraft agreed for sale. The company totalled 134 aircraft agreed for purchase and 85 jets agreed for sale in the first nine months of the year. For the quarter, it
Canadian carrier Porter Airlines has expanded its US network, launching a new service between Toronto Pearson International Airport (YYZ) and Phoenix Sky Harbour International Airport (PHX). The non-stop service will operate daily and is the airlines first route to Arizona. “This inaugural flight from Toronto to Phoenix builds on Porter’s growing Western U.S. presence –
KLM has revealed the “painful” measures to improve its operational and financial position. It is estimated to improve the company’s operating result by €450 million in the short term, which is estimated to lead to profit margin above 8% by 2026-2028. The airline said the measures will maintain its network while protecting jobs across the
As tensions continue to escalate within the Middle-East – Qantas is set to operate two non-stop flights between Cyprus and Sydney – in order to help Australians in Lebanon return home. The first service is expected to depart Larnaca in Cyprus on October 7, 2024, arriving in Sydney the following day. The second direct service
SAS and Virgin Atlantic have entered a new codeshare agreement, which will aim to strengthen connections to and from Scandinavia. The new agreement will allow passengers travelling with the SAS to connect through Virgin Atlantic’s bases at London Heathrow (LHR) and Manchester (MAN). “We are very pleased to launch this new codeshare partnership with Virgin
StandardAero completed its initial public offering (IPO) on October 3, 2024. Net proceeds from the offer were around $1.2bn, according to a stock filing. The proceeds will be used to redeem all $475.5 million of senior unsecured PIK toggle notes due 2027, which were issued by Dynasty Acquisition on April 4, 2019. It also partially