9 Air, a Chinese low-cost carrier, has taken delivery of a new Boeing B737-8, featuring serial number 61374. This latest addition to the fleet is equipped with advanced LEAP-1B engines, developed by CFM International, renowned for their efficiency and reduced environmental impact.
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The State Transport Leasing Company (STLC) of Russia reported a sharp decline in net profit for the first nine months of 2024, despite significant revenue growth. According to the company’s latest financial statement, net profit dropped by 2,750%, amounting to just $4.5 million, a steep fall from previous periods. However, revenue increased by an impressive…
Korean Air has cleared the final regulatory hurdle in its acquisition of Asiana Airlines (South Korea) by securing approval from the US Department of Justice (DOJ). With this milestone, Korean Air is set to finalize the transaction by 11 December 2024.
Aergo Capital Limited, a Dublin-based aircraft leasing company, has announced the acquisition of an Airbus A320-200 aircraft, bearing manufacturer serial number 5692. The aircraft, managed by SMBC Aviation Capital, is currently on lease to Iberia, Spain’s flagship carrier.
airBaltic, the Latvian national airline, has reported a net profit of $42.7 million for the third quarter of 2024, an impressive result supported by an 8% increase in revenue to $250 million. This growth in revenue highlights the airline’s successful strategies in optimizing operational efficiency and expanding its network within Europe. With strong results in Q3, airBaltic now anticipates full-year…
Ethiopian Airlines has entered into a strategic partnership with the government of South Sudan to establish and manage a new national carrier for the country. This agreement marks a significant milestone in South Sudan’s aviation sector, which has long sought to enhance its connectivity and establish a reliable domestic and regional airline presence. Ethiopian Airlines, known for its…
Airbus is reportedly close to signing a definitive agreement with Spirit AeroSystems (US) for the acquisition of Airbus-related work packages. The deal is expected to be finalized within the next few days, as Spirit prepares for its pending takeover by Boeing. This agreement could redefine the competitive landscape in the aerospace sector, with Montana Aerospace (US) emerging as a potential bidder for the divested packages.
The State Transport Leasing Company (STLC) of Russia reported a sharp decline in net profit for the first nine months of 2024, despite significant revenue growth. According to the company’s latest financial statement, net profit dropped by 2,750%, amounting to just $4.5 million, a steep fall from previous periods. However, revenue increased by an impressive…
Korean Air has cleared the final regulatory hurdle in its acquisition of Asiana Airlines (South Korea) by securing approval from the US Department of Justice (DOJ). With this milestone, Korean Air is set to finalize the transaction by 11 December 2024.
Aergo Capital Limited, a Dublin-based aircraft leasing company, has announced the acquisition of an Airbus A320-200 aircraft, bearing manufacturer serial number 5692. The aircraft, managed by SMBC Aviation Capital, is currently on lease to Iberia, Spain’s flagship carrier.
airBaltic, the Latvian national airline, has reported a net profit of $42.7 million for the third quarter of 2024, an impressive result supported by an 8% increase in revenue to $250 million. This growth in revenue highlights the airline’s successful strategies in optimizing operational efficiency and expanding its network within Europe. With strong results in Q3, airBaltic now anticipates full-year…
Ethiopian Airlines has entered into a strategic partnership with the government of South Sudan to establish and manage a new national carrier for the country. This agreement marks a significant milestone in South Sudan’s aviation sector, which has long sought to enhance its connectivity and establish a reliable domestic and regional airline presence. Ethiopian Airlines, known for its…
Airbus is reportedly close to signing a definitive agreement with Spirit AeroSystems (US) for the acquisition of Airbus-related work packages. The deal is expected to be finalized within the next few days, as Spirit prepares for its pending takeover by Boeing. This agreement could redefine the competitive landscape in the aerospace sector, with Montana Aerospace (US) emerging as a potential bidder for the divested packages.
The State Transport Leasing Company (STLC) of Russia reported a sharp decline in net profit for the first nine months of 2024, despite significant revenue growth. According to the company’s latest financial statement, net profit dropped by 2,750%, amounting to just $4.5 million, a steep fall from previous periods. However, revenue increased by an impressive…
Korean Air has cleared the final regulatory hurdle in its acquisition of Asiana Airlines (South Korea) by securing approval from the US Department of Justice (DOJ). With this milestone, Korean Air is set to finalize the transaction by 11 December 2024.
Aergo Capital Limited, a Dublin-based aircraft leasing company, has announced the acquisition of an Airbus A320-200 aircraft, bearing manufacturer serial number 5692. The aircraft, managed by SMBC Aviation Capital, is currently on lease to Iberia, Spain’s flagship carrier.
airBaltic, the Latvian national airline, has reported a net profit of $42.7 million for the third quarter of 2024, an impressive result supported by an 8% increase in revenue to $250 million. This growth in revenue highlights the airline’s successful strategies in optimizing operational efficiency and expanding its network within Europe. With strong results in Q3, airBaltic now anticipates full-year…
Ethiopian Airlines has entered into a strategic partnership with the government of South Sudan to establish and manage a new national carrier for the country. This agreement marks a significant milestone in South Sudan’s aviation sector, which has long sought to enhance its connectivity and establish a reliable domestic and regional airline presence. Ethiopian Airlines, known for its…
Airbus is reportedly close to signing a definitive agreement with Spirit AeroSystems (US) for the acquisition of Airbus-related work packages. The deal is expected to be finalized within the next few days, as Spirit prepares for its pending takeover by Boeing. This agreement could redefine the competitive landscape in the aerospace sector, with Montana Aerospace (US) emerging as a potential bidder for the divested packages.
