Tag: fleet
airBaltic Announces Major Reduction in Size Due to Financial Challenges
**airBaltic’s Revised Business Strategy: Managing Financial Challenges** The Latvian flag carrier airBaltic has been encountering financial hurdles, with recent talks about the possible suspension of operations due to cash flow issues. Nevertheless, the airline has rolled out a fresh business strategy designed to secure long-term viability. This strategy includes substantial modifications, especially concerning its network…
Aerolineas Argentinas secures Airbus A330neos showcasing upgraded Business Class and Wi-Fi
SkyTeam affiliate Aerolineas Argentinas has encountered significant challenges — the carrier has been under government ownership since 2008 and has experienced financial losses for 18 straight years. While the airline received sufficient backing to remain operational, it lacked the requisite investments for true success.Incredibly, over the past few years, the airline has begun to turn…
Philippine Airlines Grows Fleet with Boeing 787-10 Order as Part of Key Renewal Effort
Philippine Airlines has revealed a major step in its fleet enlargement plan by signing a Memorandum of Understanding (MoU) with Boeing for the purchase of up to 20 Boeing 787-10 Dreamliner planes. The arrangement is anticipated to include 15 firm orders and five options, with deliveries expected from 2031 to 2034. This signifies the airline’s…
