Uniworld Air Cargo, based in Panama, has submitted an application to the US Department of Transportation (DOT)seeking an exemption to engage in charter foreign air transportation of property and mail. The request leverages the provisions of the Open Skies Agreement between the United States and Panama.
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Luxair, the national airline of Luxembourg, reported a net group profit of $153 million for 2024, demonstrating strong operational performance in a competitive regional aviation landscape. The year’s overall revenue slightly declined to $801 million, yet the airline maintained profitability through careful cost control and stable passenger demand.
MNG Airlines, a cargo carrier based in Türkiye, has signed a Memorandum of Understanding (MOU) with Airbusfor the acquisition of two A350F aircraft. The agreement marks a significant step forward in the airline’s long-haul fleet modernization strategy and positions MNG Airlines among the first cargo operators in the region to commit to Airbus’s next-generation freighter.
Thai Lion Air, a prominent low-cost carrier based in Thailand and part of the Lion Air Group, has taken delivery of a Boeing 737-900ER aircraft on lease. The aircraft carries manufacturer serial number (MSN) 38726 and is powered by CFM International CFM56-7B26E engines.
Avation, a Singapore-based aircraft lessor, has finalized a six-year lease agreement with PNG Air of Papua New Guinea for one ATR72-600 regional turboprop. The aircraft is currently under lease to Mandarin Airlines in Taiwan and is scheduled to transition to PNG Air during the fourth quarter of 2025.
SkyUp Europe, based in Malta, has expanded its operations with the delivery of one Airbus A321neo, serial 8008, via a wet lease agreement with PLAY Europe. The aircraft is powered by LEAP-1A32 engines manufactured by CFM International.
Ryanair, one of Europe’s largest low-cost carriers, has announced the purchase of 30 new spare LEAP-1B engines from CFM International. The agreement strengthens the airline’s operational resilience and supports its growing fleet of B737-8200 aircraft.
