Avelo Airlines has made a landmark fleet investment with a firm order for 50 Embraer E195-E2 aircraft, along with purchase rights for an additional 50 units. The agreement, announced in Washington D.C., carries a list-price value of $4.4 billion and marks a pivotal moment for both Avelo and Embraer. Deliveries are scheduled to begin in the first half of 2027.
Please SUBSCRIBE to view the full content.
First month of membership is free!
Bees Airlines, a Romanian carrier, has returned its sole aircraft, an Airbus A320, identified by serial number 1922, to its lessor, Heston Airlines, based in Lithuania. This development occurred just one day after the airline canceled all scheduled commercial flights, marking a significant downturn in its operations.
AirAsia is preparing to take delivery of a new Airbus A321neo, marking another step forward in the airline’s ongoing fleet modernization program. The aircraft, carrying the manufacturer serial number (MSN) 12612 and registered as 9M-VAJ, is configured in a single-class cabin layout with 236 economy seats, optimizing capacity for the carrier’s high-demand regional routes.
GOL (Brazil), currently undergoing Chapter 11 bankruptcy proceedings, has announced plans to request authorization from the Bankruptcy Court to enter into a settlement agreement with Brazil’s Attorney General’s Office of the National Treasury and the Special Secretariat of the Federal Revenue. This move represents a critical step in GOL’s ongoing restructuring process.
BBN Airlines Indonesia has achieved a significant milestone with the approval of EASA Third-Country Operator (TCO) authorization, marking a major step forward in its expansion into the European aviation market. This approval eliminates the need for individual permits from EU member states, granting BBN streamlined access to offer its Aircraft, Crew, Maintenance, and Insurance (ACMI) solutions across Europe.
Thai Airways International is advancing its capital restructuring efforts, seeking foreign airline partners for strategic investment through a targeted private placement.
Spirit Airlines (US) has expressed “substantial doubt” about its ability to sustain operations through 2025, attributing the concern to significant financial losses and difficult market conditions. This announcement underscores the challenges faced by the low-cost carrier amid heightened competition and rising costs.
