Grupo Aeromexico Reports Slight Decline in October 2024 Passenger Numbers

ByAdmin 13/11/202414/11/2024

Grupo Aeromexico has released its October 2024 operational results, showing a 0.9% decrease in passengers to 2.0 million. Despite the slight drop in passenger numbers, the airline saw growth in other key performance indicators, including an 8.9% increase in Available Seat Kilometers (ASKs) and a 9.1% rise in Revenue Passenger Kilometers (RPKs). The airline’s load factor (LF) also saw a slight improvement, up 0.1 points to 85.4% for the month.

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Airlines | Traffic

Air New Zealand Reports October 2024 Declines

ByAdmin 04/12/202405/12/2024

In October 2024, Air New Zealand reported a 2.1% reduction in capacity compared to the same period in 2023. This decline is attributed to significant engine maintenance challenges, including delays affecting Pratt & Whitney PW1100G-JM engines and Rolls-Royce Trent 1000 engines.

Airlines | Airports | Boeing | Network | Traffic

Hebei Airlines to Launch Shijiazhuang–Hong Kong Service in December

ByAdmin 30/10/202401/11/2024

Hebei Airlines is set to expand its regional network by introducing a new service from Shijiazhuang, China, to Hong Kong, effective December 21, 2024. This twice-weekly route will be operated on Boeing 737-800 aircraft, with flights departing Shijiazhuang at 07:55 and arriving in Hong Kong by 11:30. The return flight from Hong Kong is scheduled…

Corporation | Management

Deucalion Aviation Appoints Nate Riggs as Chief Commercial Officer

ByAdmin 16/10/2024

Deucalion Aviation, a leading aircraft asset management company based in the UK, has appointed Nate Riggs as its new Chief Commercial Officer (CCO), effective in early 2025.

Corporation | Fleet | Leasing | Transactions

Dubai Aerospace Enterprise to Acquire $500M Narrowbody Aircraft Portfolio, Expands Managed Fleet

ByAdmin 28/10/202430/10/2024

Dubai Aerospace Enterprise (DAE), a leading aviation leasing company based in the UAE, has announced plans to acquire 10 narrowbody, next-generation aircraft, with the total portfolio valued at approximately $500 million.

Airlines | Crisis | Financial | Flag Carrier

Boliviana de Aviación Faces Operational Challenges Due to Lease Payment Delays

ByAdmin 12/12/202413/12/2024

Boliviana de Aviación (BoA), Bolivia’s national airline, is grappling with significant operational challenges due to financial constraints. The carrier has been unable to pay the leases for six of its aircraft, resulting in their grounding. Additionally, two more planes remain out of service due to ongoing maintenance, further impacting the airline’s operational capacity.

Corporation | Sale

Wafra Completes Acquisition of Aquila Air Capital Platform

ByAdmin 17/12/202418/12/2024

Aquila Air Capital, a US-based aircraft leasing and financing company, has announced that Wafra, an investment firm headquartered in the US, has completed the acquisition of its platform from private equity firm Warburg Pincus. This transaction marks a significant shift in ownership and highlights continued investor confidence in the aviation finance sector.

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