21 February 2022

Norwegian

Norwegian returns to profitability after massive restructuring

Norwegian Air (Norwegian) has reported its fourth-quarter 2021 and preliminary full-year 2021 financial results, revealing a pre-tax (EBT) profit of NOK 117 million for the fourth quarter compared to a loss of NOK 16.6 billion for the fourth quarter of 2020. In the fourth quarter of 2021, 3.1 million passengers travelled with Norwegian, up from […]

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Pel-Air awarded 12-year Ambulance Victoria fixed-wing tender

Regional Express (Rex) has reported that Ambulance Victoria and Pel-Air (Rex’s subsiduary) have entered intoa contract for the latter to provide fixed-wing air ambulance services to Ambulance Victoria.The contract, worth more than AU$300 million (£159 million), has a 12-year operational phase beginning in January 2024. The contract involves the supply of four fixed-wing aircraft, pilots

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International tourists return to Australia after almost two years

Qantas flights from eight overseas destinations are touching down in Australia today, Monday February 21, bringing the first international tourists in almost two years and an eagerly anticipated boost for the country’s tourism industry. The Qantas Group will fly more than 14,000 passengers into Australia this week as quarantine and border barriers for international tourists

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AviaAM Leasing delivers one more B737-800 BCF to Bluebird Nordic

AviaAM Leasing, a global aviation holding company engaged in tailored aircraft leasing and trading services, has delivered a second B737-800 Boeing Converted Freighter (BCF) to Bluebird Nordic – a rapidly growing Iceland-based cargo airline, offering ACMI and full-service cargo services. As both companies are part of Avia Solutions Group, a leading global aerospace services group,

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Atlas Air and Kuehne+Nagel enter into long-term agreement for two Boeing 747-8 freighters

Atlas Air has entered into a long-term, dedicated charter agreement to operate two of its new incoming Boeing 747-8 freighters on a global basis for Kuehne+Nagel, one of the world’s largest freight forwarders. Atlas Air will commence operation of these aircraft for Kuehne+Nagel following their delivery from Boeing, with one expected in the third-quarter and

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Air Canada

Air Canada reports fourth-quarter and full-year 2021 financial results

Air Canada has reported its fourth-quarter and full-year 2021 financial results. The company reported fourth-quarter 2021 operating revenues of CA$2.731 billion, 30% higher than in the third quarter of 2021 and over three-times fourth-quarter 2020 operating revenues. Fourth-quarter 2021 operating loss of CA$503 million compared to an operating loss of CA$1.003 billion in the fourth-quarter

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