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Iran Localizes Airbus and Boeing Engine Parts Production

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Iran has successfully localized the production of engine parts for Airbus and Boeing aircraft, a significant milestone achieved in collaboration with MAPNA Group, a leading Iranian industrial conglomerate. The announcement was made by Hossein Pourfarzaneh, head of the Civil Aviation Organization, highlighting the country’s strides in achieving self-reliance in aviation technology.

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EVA Air Anticipates On-Time B787 Deliveries, Potential B777F Delay Due to Boeing Strike

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Taiwan’s EVA Air has announced that its scheduled deliveries of Boeing 787 aircraft are expected to proceed on time, despite the ongoing strike at Boeing. However, the airline anticipates potential delays in the delivery of its Boeing 777 Freighter (B777F) aircraft due to production slowdowns related to the labor strike. This development reflects EVA Air’s…

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StandardAero Signs MRO Agreement with T’way Air

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StandardAero (US) has entered into a General Terms Agreement (GTA) with T’way Air (South Korea) to provide MRO services for the airline’s CFM56-7B and LEAP-1B engines. This strategic partnership highlights StandardAero’s growing presence in the Asian aviation market and its commitment to delivering reliable maintenance solutions.

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Lufthansa Finalizes Stake Acquisition Deal in ITA Airways

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Lufthansa, Germany’s flagship carrier, has reached an agreement with the Italian government to acquire a stake in ITA Airways following intense, last-minute negotiations. This deal marks a strategic move by Lufthansa to expand its footprint in the Italian market, gaining access to a wider customer base and strengthening its position within Europe. The acquisition is expected to bolster ITA…

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Air Europa Forecasts $3 Billion Turnover in 2024

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Air Europa Holdings, a leading Spanish carrier, anticipates closing 2024 with a turnover of nearly $3 billion, reflecting a 6.3% year-on-year increase. The growth comes as the airline focuses on reducing its leverage while continuing to expand and modernize its fleet. As part of its fleet expansion strategy, Air Europa plans to add three Boeing 787 Dreamliners and its first Boeing 737…

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Sunwing Airlines Adds B737-800 on Wet Lease

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Sunwing Airlines (Canada) has enhanced its operational capacity with the addition of a Boeing B737-800, serial 37884, powered by CFM56-7B26 engines. The aircraft is provided on a wet lease arrangement by Smartwings (Czechia), highlighting Sunwing’s efforts to optimize fleet utilization during peak travel periods.