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Aeroméxico Reduces its Losses During the Second Quarter, But Remains in the Red
Grupo Aeroméxico released its final report of its financial results for the second quarter of 2022. After announcing its exit from the Chapter 11 process in March, the company increased revenues by 91.5% compared to the same period of 2021. While losses narrowed by 1.815 billion Mexican pesos, it still recorded a negative balance. According to […]
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Panamá Pacífico International Airport Resumes Operations
On Thursday, Panamá Pacífico International Airport (BLB) resumed commercial operations, following the completion of the renovation works on its passenger terminal. The facility had been closed in March 2020, as a consequence of the COVID-19 pandemic. Since then, Tocumen S.A. moved forward with expansion and modernization works, with the aim of offering an additional option […]
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TAP Air Portugal Makes First Flight Using Sustainable Fuel
TAP Air Portugal, Galp and ANA – Aeroportos de Portugal, SA have formalized a strategic alliance for the development, production and supply of sustainable aviation fuel (SAF), made from waste, recycled used oils and other sustainable raw materials. The first flight in Portugal powered by SAF was performed on the Lisbon (LIS) – Ponta Delgada […]
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Alaska Air Group Orders 8 Additional Embraer 175s with Options for 13 More
Alaska Air Group has announced an order for eight new E175 aircraft and options for 13 more. The E175 aircraft will fly exclusively for Alaska Airlines under a capacity purchase agreement (CPA) with Horizon Air. The contract value, including options, is $1.12 billion based on list price. The new 76-seat Horizon aircraft in this order […]
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Azerbaijan Airlines Signs MOU with Boeing for the Purchase of Four 787 Dreamliner
At the Farnborough International Airshow, Azerbaijan Airlines and Boeing signed on Wednesday a memorandum of understanding (MOU) for the purchase of four 787-8 Dreamliner aircraft. Azerbaijan Airlines currently operates two aircraft of this type. According to both companies, the airline aims to increase its 787 fleet up to ten aircraft by 2030. The additions would […]
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Delta Reports Net Income of $735 Million in Q2 2022
Delta Air Lines released its financial results for the second quarter of the year. Revenues exceeded the company’s projections for the period, while earnings per share came in below expectations. Rising costs hurt earnings between April and June, although demand for air travel did not wane despite rising inflation in the United States. “I would like […]
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Ryanair Set to Reopen Belfast Base
Ryanair, Europe’s largest low-cost airline, announced this week that it will return to Belfast International Airport (BFS), Northern Ireland. According to the company, it will offer twelve routes from the airport from March 2023. In total, it plans to operate around 115 flights a week to and from the airport. The Belfast-based company’s fleet will […]
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KLM Repays Dutch Government Pandemic Aid Loan
KLM Royal Dutch Airlines completed the repayment of the last part of the loan it had agreed with the Dutch State and private banks in 2020. With the repayment of 277 million euros, the Netherlands’ largest airline finally returned the amount received as part of the aid package to cope with the complications unleashed by […]
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SKY Express Announces New Partnership with Emirates
Greek airline SKY Express announced its new strategic partnership with Emirates. Under the agreement, customers of both airlines will have access to a wider network of destinations available through a single booking. The partnership joins others with Air France, KLM, Delta, Qatar Airways, American Airlines, Cyprus Airways, Condor, El Al, Middle East Airlines and Transavia. […]
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Cathay Pacific Considers ‘Crucial’ Fleet Renewal
Hong Kong-based airline Cathay Pacific is considering a possible renewal of its fleet, especially to strengthen its short and medium-haul services, Bloomberg reported. A new dispute between Airbus and Boeing could thus be triggered. “We are constantly looking at the fleet requirements,” assured Augustus Tang, the company’s CEO. “We have not come up with a decision […]