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Finnair Crew on the runway with a Finnair A350

Finnair Group Ends 2023 With Strong Financials As Market Grows

  • 8 min read

Finnair Group’s 2023 financial summary reflects steady resilience in 2023, benefiting from a dynamic market and strategic revenue and cost initiatives. Let’s dive into the details of the airline’s year-end financial release. Finnair Financial Performance Q4: October – December 2023                              Finnair Financial Performance January – December 2023                              Note: Figures in… 

Qatar Airways and gategroup Partner for Innovative In-flight Dining

  • 2 min read

Qatar Airways has partnered with gategroup to redefine in-flight dining, focusing on quality, sustainability, and healthy options. New Heights in In-flight Cuisine Qatar Airways has partnered with gategroup, the airline catering giant, to transform in-flight dining into a gourmet adventure. This cooperation benefits from gategroup’s expertise in creating innovative menus… 

Avolon’s Net Income Hits $339m for 2023, Record $1.75b Operating Cash Flow

  • 4 min read

Avolon, a leading global aviation finance company, has published its financial results for the full year 2023. The company recorded a net income of US$339 million, representing a strong year-over-year growth considering the global economic conditions. Avolon also reported a record operating cash flow of $1.75 billion. Leading metrics and… 

Air India Picks RECARO Economy and Premium Economy Seats

  • 4 min read

Air India Chooses RECARO for 22,000 Aircraft Seats in Upgrade Drive Air India, India’s flagship airline, has struck a deal with RECARO Aircraft Seating for their widebody fleet’s premium economy and economy sections. Over 22,000 RECARO seats will enter Air India’s aircraft through line-fit and retrofit programs over the next… 

Norwegian and Widerøe Report 1.4m Passengers in January

  • 3 min read

For the first time since the approval of the acquisition, Norwegian and Widerøe are combining their traffic reports. In January, Norwegian welcomed 1,138,621 travelers, alongside 246,326 who chose Widerøe to get to their destinations. The combined efforts of both airlines resulted in the Norwegian Group flying a grand total of… 

SAS Updates On Creditor Recovery in Chapter 11 Process

  • 7 min read

SAS Enhances Chapter 11 Recovery Prospects – Secures Backing from Creditors’ Committee SAS is set to present an updated proposal for its Chapter 11 reorganization to the New York Southern District U.S. Bankruptcy Court. This plan will outline potential recoveries for unsecured creditors, including SAS AB’s commercial hybrid bondholders. The… 

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