Thai Airways International is on track to exit its rehabilitation plan by mid-February 2025, marking a significant milestone in the airline’s recovery journey. The carrier, which has made strides in improving its financial situation, is also expected to resume trading on the stock exchange by May 2025.
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ACIA Aero Leasing (Ireland) has announced the sale of an ATR72-500 LCD freighter, identified by serial number 727, to Air Creebec (Canada). This transaction marks a significant milestone as it introduces the first ATR aircraft to Air Creebec’s fleet. The newly acquired freighter is set to enter operations in December 2024.
Aviation Capital Group (ACG), a major US-based aircraft leasing company, has delivered a B737-9 to United Airlines, featuring LEAP-1B engines. This aircraft marks the third delivery in a multi-aircraft sale/leaseback agreementbetween ACG and United, supporting United’s fleet expansion with efficient and modern aircraft.
The Association of Asia Pacific Airlines (AAPA) has officially welcomed Lion Air Indonesia as its newest member, marking an expansion in regional representation. This membership brings Lion Air into closer collaboration with other prominent Asia-Pacific carriers, focusing on promoting growth and development within the region’s aviation sector.
Ryanair Holdings, Ireland’s leading low-cost airline group, reported a significant increase in passenger traffic for October 2024, reaching 18.3 million passengers, a 7% rise compared to the same month in the previous year. Despite the higher volume, Ryanair maintained a stable load factor (LF) of 93%, showcasing its effective capacity management amid rising demand.
Surf Air Mobility (US) has unveiled a strategic initiative to minimize potential equity dilution significantly. The company announced plans to reduce the number of shares registered by approximately 35.6 million, which is expected to result in a 90% decrease in potential future equity dilution.
Air Belgium has confirmed receiving a bid from a single investor by the November 15, 2025 deadline. The bid is reportedly focused on acquiring either the passenger or cargo division of the carrier. The airline now has until December 5, 2024, to either accept or reject the offer.
