Arajet To Receive Boeing 737 MAX 8 MSN 68080 as the Dominican Republic-based low-cost carrier continues expanding its modern narrowbody fleet to strengthen regional connectivity across the Americas.
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Air Peace, Nigeria’s largest airline, has bolstered its fleet by wet-leasing an Airbus A320, serial number 2975, from SmartLynx Airlines. This strategic move replaces a departing A320, ensuring seamless operations across its domestic and regional networks.
Aerolineas Argentinas has announced plans to retire a significant portion of its Boeing 737-700 fleet starting in January 2025, with the process expected to span 12 months. This decision comes as several leasing contracts for these aircraft approach their expiration. The retirement plan will impact multiple 737-700s, marking a shift in Aerolineas Argentinas’ fleet strategy as the airline looks…
Air Master, an Egyptian cargo carrier, has commenced operations on a new route between Cairo International Airport (CAI) and Maastricht Aachen Airport (MST). The service is being operated with a Boeing 737-800BCF (Boeing Converted Freighter) and will run until the end of February 2025.
Vietnam Airlines has disclosed in its 2024 consolidated financial report that it received a $4.1 billion loan from HSBC Vietnam Bank, with an interest rate of 7%. The loan reflects a significant financial move by the flag carrier as it continues efforts to recover from the pandemic’s long-term effects and stabilize its operations.
China Cargo Airlines, a leading cargo carrier based in China, has announced plans to add four more Boeing 777 Freighters (B777Fs) to its fleet by the end of 2025. This expansion will increase the airline’s total freighter fleet to 18 units, enhancing its capacity to meet growing demand for air cargo services.
Asiana Airlines has announced a strategic financial reinforcement of its subsidiaries Air Seoul and Air Busan. The South Korean flag carrier will participate in a US$127 million paid-in capital increase for Air Seoul through a shareholder allocation. This transaction will provide Asiana with an additional 36 million common shares, raising its total investment in the airline to approximately $170 million. The move strengthens Asiana’s…
