Airlines News

Airlines

Recent Coverage

Nigeria’s six northeastern states secure $11.3 million for proposed regional air shuttle

Governors from six states in northeastern Nigeria have secured NGN15 billion ($11.3 million) and formally resolved to launch the proposed North-East Air Shuttle. The funding marks a step toward establishing a regional carrier, though the available report does not specify its launch timetable, fleet or operating plan.

1 source Bookmark this story

SunExpress adjusts its 150-aircraft fleet target for 2033

SunExpress has revised its target for a 150-aircraft fleet by 2033. The available report provides no further details on the scale or direction of the adjustment, leaving the airline’s updated fleet trajectory and implications for aircraft demand unclear.

1 source Bookmark this story

Reuters

High activity

Norse Atlantic cuts September capacity by a third as it shifts winter flying toward Thailand

Norse Atlantic Airways’ September unit revenue rose 35% year over year to 5.8 cents per available seat kilometer, while the carrier continued operating at reduced capacity amid high fuel costs. For winter, it plans to redirect capacity toward Thailand and pursue more ACMI and charter work as it retreats from the U.S. market.

5 sources Bookmark this story

Yeti Airlines raises $15 million through private placement

Yeti Airlines has raised $15 million through a private placement. The available report does not identify investors, disclose the terms or state how the airline plans to use the proceeds, leaving the transaction’s direct implications for its fleet, operations and finances unclear.

1 source Bookmark this story

Create a free account to see more recent Airlines stories and keep bookmarks in one place.