• TP Aerospace Extends Partnership with SAS, Securing Fleet Support for Years Ahead

    TP Aerospace, a leading aviation solutions provider based in Denmark, has announced the extension of its partnership with SAS (Scandinavian Airlines System). This collaboration is set to continue under TP Aerospace’s Cycle Flat Rate Program, which has been a cornerstone of the support provided to SAS’s fleet.

  • Madagascar Airlines to Enhance Fleet with New ATR72 Delivery

    Madagascar Airlines, the national carrier of Madagascar, is poised to enhance its operational capabilities with the imminent addition of a new ATR72 aircraft to its fleet. This delivery, scheduled for this week, is part of the airline’s ongoing efforts to modernize and expand its service offerings.

  • Lao Airlines Welcomes First COMAC C909 Aircraft

    Lao Airlines, the national carrier of Laos, has recently enhanced its fleet with the delivery of its first C909 aircraft, serial number 10156, leased from COMAC (Commercial Aircraft Corporation of China). This new addition is powered by CF34-10A engines, known for their reliability and efficiency.

  • China Airlines Finalizes Order for Ten Airbus A350-1000s

    China Airlines, Taiwan’s leading airline, has confirmed a significant expansion to its fleet by finalizing a firm order with Airbus for ten A350-1000 aircraft. This order follows a commitment initially announced by the airline in December 2024, underscoring its strategic plans to enhance long-haul operations.

  • BOC Aviation Secures Order for 50 Boeing B737-8 Aircraft

    BOC Aviation, a leading aircraft leasing company based in Singapore, has expanded its partnership with Boeing by signing an agreement to purchase 50 new B737-8 aircraft. This move is part of BOC Aviation’s strategic initiative to modernize its fleet with more fuel-efficient and technologically advanced aircraft.

  • BOC Aviation Orders 70 A320neo Aircraft from Airbus

    BOC Aviation, a prominent Singapore-based aircraft leasing company, has announced a significant agreement with Airbus for the purchase of 70 aircraft from the A320neo family. This deal underscores BOC Aviation’s commitment to expanding its fleet with modern, fuel-efficient aircraft while bolstering its offering to airline customers globally.

  • Air Algerie Expands Fleet with Additional A320 from Nouvelair Tunisie

    Air Algerie has recently enhanced its operational fleet by acquiring an additional Airbus A320, serial number 3487, on a wet lease agreement from Nouvelair Tunisie. This aircraft commenced operations on 12 March 2025, adding increased capacity and frequency to some of the airline’s key European routes.

  • Virgin Australia Preps for ASX Return with Upcoming IPO

    Virgin Australia, currently majority-owned by Bain Capital (US), is actively preparing for a significant transition back to public trading through an Initial Public Offering (IPO) on the Australian Securities Exchange (ASX). This week, Virgin Australia executives are scheduled to meet with potential investors to discuss the upcoming IPO and outline the airline’s strategic direction and financial…

  • Virgin Atlantic Achieves Profit in 2024 with Strong Revenue and Debt Reduction

    Virgin Atlantic, the UK-based international airline, has released its financial results for 2024, showcasing a year of profitability and financial health. The airline reported total revenues of US$4.2 billion and a Profit Before Tax and Exceptional Items of $25.8 million.

  • GOL Reports Slight Revenue Increase in 2024 Amid Significant Net Loss

    GOL Airlines, a major Brazilian carrier, has reported its financial results for the year 2024, showing a mixed financial performance with a slight increase in total net revenue and a substantial net loss. The airline’s total net revenue for the year was up by 1.9%, reaching US$3.3 billion, while the net loss for the year stood at $1.0…

  • China Southern Endures Net Loss in 2024 Despite Revenue Growth

    China Southern Airlines, one of the largest carriers in Asia, has disclosed its financial results for 2024, highlighting a net loss of US$244 million. Despite the loss, the airline saw a notable increase in revenue, which grew by 8.9% to $23.9 billion.

  • CALC Upsizes Inaugural Warehouse Facility to $700 Million with Global Bank Support

    China Aircraft Leasing Group Holdings Limited (CALC), based in Hong Kong, has announced the successful upsizing of its inaugural warehouse facility to US$700 million. This significant financial enhancement is supported by the participation of 20 leading banks from around the world.

  • AirAsia Indonesia Reports Substantial Revenue Growth in 2024 Despite Net Loss

    AirAsia Indonesia, a major player in the Southeast Asian airline market, has announced its financial results for the year 2024, reporting a net loss of US$92 million. Despite this setback, the airline saw a considerable increase in revenue, which rose by 19.9% to $476 million.

  • Air China Posts Narrow Net Loss in 2024 Despite Revenue Increase

    Air China, one of the leading airlines in Asia, has disclosed its financial results for 2024, revealing a slight net loss of US$3.2 million. Despite the loss, the airline recorded a substantial increase in revenue, which surged by 17.2% to reach $23.9 billion.