Air Transport

GOL had R$830m net loss on R$4.96b revenues in 3Q24 vs R$1.3b loss on R$4.67b in 3Q23; it has 138 737s. It currently plans to submit its reorganization plan to Court by end 2024 and expects to emerge from Chapter 11 by end April 2025.

AVIATION CAPITAL GROUP had $113.8m net profit on $923m revenues in Jan-Sept vs $114.1 on $894m a year ago; it has owned/managed/committed fleet of 514 aircraft and expects to take 12 aircraft (10 MAXs/two A320s) in 4Q24.

The EL9’s debut—at least in concept form—came one year and two days after the company’s EL-2 Goldfinch technology demonstrator made its first flight.

Spirit says discussions with bondholders to restructure its debt have “advanced materially” and are continuing, amid reports of a pending bankruptcy filing.

Financial results for the 2024 third quarter (Q3) reveal net profits for two U.S. LCCs, losses for another two budget carriers and a struggling Spirit Airlines.

The plans are part of the new French government’s proposed 2025 budget and would see a tripling of the so-called Solidarity Tax on Airline Tickets (TSBA).

ATR is ceasing work on the STOL version of the ATR 42-600 to focus on upgrades for the turboprop aimed at lowering operating costs for its airline customers.

The parent company of Aberdeen, Glasgow and Southampton airports is being sold in a deal worth more than £1.53 billion ($2 billion).

Thai Airways is aiming to secure more lease deals for widebody aircraft to meet its 2025 fleet expansion target, CEO Chai Eamsiri said.

The major Asia-Pacific airline industry group has inducted its first LCC member: Indonesia-based Lion Air.

Embraer aircraft are expanding their presence in West Africa with leases to two airlines in the region.

UK regional startup Ecojet Airlines has launched a £20 million ($25.5 million) capital raise as it works toward securing an AOC from the Civil Aviation Authority.

Wheels Up increases corporate travel customers and revamps fleet as it focuses on profitability in 2025.

ITA Airways plans to add Libya’s capital Tripoli to its network from early 2025.

Vietnam Airlines is planning to make a decision on a firm order for 50 narrowbody aircraft next year and is open to considering all manufacturers, the CEO says.

Flydubai is making its debut at the Bahrain International Airshow (BIAS) 2024.

The Emirates NBA Cup trophy touched down in New York yesterday to coincide with the start of the Emirates NBA Cup 2024.

Boeing forecasts continued long-term growth, saying air cargo traffic will increase by an average of 4% per year through 2043.

Morocco ranks among the world’s most dynamic aerospace ecosystems with a diversified supply chain. Leading aerospace groups are tapping into this thriving market which offers numerous opportunities.

Royal Brunei Airlines is witnessing "strong opportunities" in the Brunei Darussalam-Indonesia-Malaysia-Philippines East ASEAN Growth Area (BIMP-EAGA).

South American airline group Abra is assessing the opportunities and risks in its due diligence process of evaluating Aerolineas Argentinas.

Qantas Engineering is looking at ways to address maintenance work being offshored overseas while finding workforce strategies to deal with labor shortages.

KLM’s summer 2025 network will include new flights to Georgetown, Hyderabad and San Diego.

One of the most successful airline brands in history, Southwest is now working to restore its industry leadership—but where did the business take a wrong turn?

The FAA has prohibited U.S. airlines from flying to Haiti following confirmed incidents of gunfire hitting two Airbus A320 aircraft over Port-au-Prince.