Delta Air Lines confirms some of its Airbus deliveries may slip in 2024, while it continues to expect no Boeing deliveries “over the next handful of years.”
AIRCASTLE had $16.1m net income on $205.2m revenues in first quarter ended May 31 vs $22.8m on $218.5m a year ago and ended quarter with 259 owned/managed aircraft (212 unencumbered) vs 253 a year ago. It has $2.6b of liquidity.
Landing gear specialist Héroux-Devtek of Quebec, Canada, has agreed to be acquired and taken private by a U.S. private equity firm for about $1.35 billion.
Vietjet says it plans to set up an MRO facility in Laos, supported by Vietjet Aviation Academy, estimating its operation in Laos can generate 2,500 new jobs.
The upcoming season will see Air France expand its network, UK-based easyJet launch flights to West Africa and Norway-based Norse diversify its service.
In Q2 2024, the aviation industry continued to grow despite navigating various challenges and opportunities, including tough economic times, AFRAA reports.
Lufthansa Airlines is introducing more cost-cutting measures as it suffers from escalating costs at a time when yields have come under increased pressure.
DHL Express and Central Airlines have revealed plans for the Chinese freight airline to operate two Boeing 777Fs on behalf of DHL on routes to and from China.
