Singapore Airlines soars to record $659 million profit, eyes pre-pandemic capacity return
The Singapore Airlines Group has seen a surge in demand for air travel in the quarter ending December 2023, with particular growth stemming from a rebound in North Asia. This resurgence comes after China, Hong Kong SAR, Japan, and Taiwan fully reopened, leading to a significant 29.4% year-on-year increase in passengers carried by SIA and
AirAsia announces groundbreaking plan to become world’s foremost low-cost network airline
SEPANG, 22 February 2024 – In a strategic move likely to reshape the aviation industry, AirAsia today announced its ambition to become the world’s first low-cost network carrier, capitalising on its 22-year history of a multi-hub model across Malaysia, Thailand, Indonesia, the Philippines, and soon, Cambodia. This pioneering initiative was unveiled at RedQ, AirAsia’s corporate
Avelo Airlines celebrates its first profitable quarter in Q4 2023
Avelo Airlines has reached a significant milestone in its financial journey, announcing its first-ever profitable quarter as it approaches its third anniversary. This achievement comes at the end of a year marked by strong revenue growth and exemplary cost discipline, establishing Avelo as a key player in the U.S. airline industry with one of the
PHI marks 75 years of leading innovation in helicopter services
Petroleum Helicopters, Inc., widely recognized as PHI, a household name in global helicopter services, is celebrating a significant milestone this year. The acclaimed company has announced its 75th anniversary in 2024, marking three-quarters of a century of remarkable advancements and contributions to the aviation sector. Formed in Lafayette, La., back in 1949 as Petroleum Bell
Vietjet set to revolutionise its fleet with new A330neo order
Vietjet Air has entered into a Memorandum of Understanding (MoU) with Airbus, indicating its intentions to purchase 20 A330-900 widebody aircraft. This deal marks Vietjet’s inaugural foray into owning widebody aircraft, aimed at enhancing its long-range network capabilities and managing high-demand regional services. Furthermore, this strategic move is designed to phase out the airline’s current
Boeing executive fired amid continuing safety concerns, families of crash victims respond
The recent firing of Ed Clark, a seasoned executive at Boeing who was in charge of the 737 MAX passenger jet program, has prompted reactions from families who lost loved ones in the tragic crash of a Boeing 737 MAX8 jet in Ethiopia almost five years ago. The termination, effective immediately, follows a concerning incident
