Two major lessors posted strong profits on the back of strong demand for aircraft in recent months driven, at least in part, by production and delivery delays.
TAAG Angola Airlines has announced the beginning of the gradual transfer of its commercial flights from 4 de Fevereiro International Airport to the New Luanda International Airport, Dr. António Agostinho Neto (AIAAN).
Airbus has delivered the first A321XLR to launch customer Iberia, which plans to deploy the long-range narrowbody on a Madrid-to-Boston route from mid-November.
Sofia Airport operator SOF Connect is investing BGN500 million ($275 million) in a third terminal, which is expected to be completed within eight years.
LUFTHANSA GROUP had €1.1b net income on €28.1b revenues in 3Q24 vs €1.2b on €26.7b in 3Q23; pax airlines business segment earned €1.2b on €8.8b vs €1.3b on €8.5b and ended quarter with 731 aircraft, including six A380s.