Comac has opened an Asia-Pacific office in Singapore as part of the Chinese aircraft manufacturer’s move to penetrate the market in Southeast Asia and beyond.
ZipAir is seeing strong advance bookings for its long-haul low-cost routes, especially to North America, with some destinations seeing load factors of over 90%.
Finnair is sticking to its capacity outlook despite reporting a decline in profitability over the third quarter after demand weakened in all of its markets.
Saudi Arabia’s General Authority of Civil Aviation (GACA) has released results in the Kingdom’s air traffic performance in 2024, with record growth in passenger numbers, connectivity, and aviation cargo.
Lufthansa is aiming for €2.5 billion ($2.7 billion) recurring operating profits by 2028 as it works out more details of its turnaround restructuring program.
Brazilian carrier Azul has reached agreement with existing bondholders for $500 million in additional financing, a key step in its latest restructuring.