easyJet, a leading low-cost carrier in Europe, has announced plans to expand its network with the introduction of two new routes to Croatia starting in June 2025. These routes will connect Lyon to Zadar and Bordeaux to Dubrovnik, offering passengers greater access to popular destinations on the Adriatic coast.
Riyadh Air and Air France-KLM have signed a Memorandum of Understanding (MOU) to establish a framework for strategic cooperation. The agreement aims to enhance travel options for passengers traveling between Saudi Arabia and Europe, as well as other global destinations served by the two carriers.
AAR (US) has signed a multi-year nacelle maintenance, repair, and overhaul (MRO) agreement with Cebu Pacific Air (Philippines) to support the airline’s Airbus A320 fleet, powered by CFM56-5B engines. The contract will see AAR performing nacelle MRO services at its Chonburi, Thailand facility, reinforcing its commitment to expanding support for Asia-Pacific carriers.
German Airways has announced plans to purchase outright the Embraer E190 aircraft it currently leases from Azorra, a US-based leasing company.
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.
Azul (Brazil) has successfully completed the restructuring of its financial obligations, reaching agreements with bondholders, lessors, and OEMs. The carrier also closed its $525 million Floating Rate Superpriority Notes offering, due 2030, significantly improving its financial stability.
