Crestone Air Partners Completes LEAP-1B Financing With Arajet, marking a strategic expansion into next-generation engine assets through a combined pre-delivery payment (PDP) financing and sale-leaseback transaction covering four CFM LEAP-1B engines.
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Air Canada has announced the commencement of a new daily nonstop service between Vancouver and Beijing Capital International Airport, set to launch on January 15, 2025. This route will be operated by the Boeing 787-9, a long-haul aircraft known for its fuel efficiency and passenger comfort, enhancing connectivity between Canada and China.
Setna iO, a US-based aviation asset management and parts supplier, has acquired another Boeing 757-300 for immediate disassembly. The aircraft, previously operated by Condor, will be dismantled by ecube in Spain, further expanding Setna iO’s inventory of used serviceable materials (USM) for commercial aircraft.
IAG (International Airlines Group), based in the UK, has indicated that its low-cost subsidiary Level, headquartered in Spain, could consider launching flights to Asia in the future. However, according to IAG, the current market conditions are not suitable for such an expansion. While IAG has not ruled out the possibility, it has emphasized that the decision will depend on improvements…
euroAtlantic Airways, a Portuguese charter airline, is reportedly in discussions with ANAC (Brazilian National Civil Aviation Agency) about plans to establish a subsidiary in Brazil. The proposed subsidiary would focus on operating regular domestic passenger flights, signaling the airline’s ambition to enter the Brazilian domestic market.
Southwest Airlines has announced that board members Eduardo F. Conrado and Elaine Mendoza will step down in April 2025, finalizing a board restructuring that began in 2024.
Really Cool Airlines, a new airline based in Thailand, is set to commence operations in the first half of 2025 with two Boeing 777-200ER aircraft leased from Thai Airways International. The airline plans to deploy these aircraft on routes connecting Thailand to Japan, aiming to capture a share of the popular travel market between these regions. The B777-200ER, known for its long-haul…
