Southwest Airlines is generating industry buzz as it prepares to take delivery of another Boeing 737-8 MAX, adding further depth to its already significant narrowbody fleet.
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Aegean Airlines, through its regional subsidiary Olympic Air, has expanded its fleet with the addition of a brand-new ATR 72-600. The delivery marks an important milestone in the airline’s regional fleet renewal program, aimed at improving efficiency, passenger comfort, and connectivity across Greece and neighboring markets.
Jet2, a prominent leisure airline based in the United Kingdom, has taken delivery of an Airbus A321neo, identified by serial number 12161. The aircraft is equipped with LEAP-1A32 engines, providing advanced performance and fuel efficiency.
Rex Airlines, a prominent regional carrier in Australia, has successfully utilized the proceeds from the recent sale of its non-core assets to address its financial obligations comprehensively. The airline confirmed that it has used these funds to fully repay the debt owed to PAGAC Regulus Holding, a Singapore-based investment firm.
CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Ltd., has announced the successful delivery of five Airbus A320neo Family aircraft to Volaris, one of Latin America’s largest and fastest-growing low-cost carriers. The delivery—comprising two A320neo and three A321neo aircraft—marks a significant milestone in the long-standing partnership between the lessor and the Mexican airline.
Juneyao Air, a prominent Chinese airline, has unveiled a share repurchase program intending to buy back up to 31.6 million shares, with the total repurchase amount not exceeding $68.4 million. The repurchase price is capped at CNY 15.80 per share.
TAP Air Portugal has reported a 35% decrease in net profit for the third quarter of 2024, totaling $124.1 million. This decline comes despite a 2% increase in operating revenues, which reached $1.35 billion during the same period.
