Korean Air has taken a major step in reshaping its cargo operations by signing an agreement with Boeing for the purchase of eight new 777-8F freighters. The deal underscores the carrier’s strategy to balance both fleet renewal and growth, ensuring that it remains competitive in the global cargo market as demand patterns evolve.
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Polish Aviation Group (PGL), the state-owned holding company overseeing LOT Polish Airlines and other aviation-related subsidiaries, has appointed Radoslaw Stepien as its new chief executive officer, replacing Michal Fijol.
Azul Linhas Aéreas, Brazil’s largest regional carrier, is pushing deeper into its Chapter 11 restructuring plan with sweeping measures designed to reset its balance sheet and stabilize operations. The airline confirmed it will return 20 aircraft, most of them older Embraer E195s already parked, while simultaneously trimming its network by exiting more than 15 cities and cutting 50 routes.
Fiji Link, the domestic and regional subsidiary of Fiji Airways, has expanded its fleet with the delivery of a new ATR72-600, featuring serial number 1711. This aircraft is equipped with PW127M engines, manufactured by Pratt & Whitney, known for their reliability and fuel efficiency.
Aegean, the flagship carrier of Greece, has successfully completed a $294 million public bond offering, marking a significant step in its financial strategy. The raised funds come from the issuance of a common bond loan, with overwhelming investor interest driving total valid demand up to $1.1 billion, resulting in a 3.75× oversubscription.
United Airlines has expanded its next-generation narrowbody fleet with the delivery of a new Airbus A321neo, bearing serial number 12489. The aircraft is powered by Pratt & Whitney PW1133G-JM geared turbofan engines, supporting the airline’s fleet modernization and sustainability initiatives.
Southwest Airlines, the largest low-cost carrier in the United States, has announced a sale-leaseback transactioninvolving 36 Boeing B737-800s. The deal, conducted with aircraft management firm BBAM, aligns with Southwest’s strategy to monetize the surplus value of its exclusively all-B737 fleet.
