Southwest Airlines, a leading US carrier, has finalized a sale-leaseback agreement with BBAM, covering 36 Boeing 737-800 aircraft. The deal has already generated $871 million from the sale of the first 35 aircraft, with lease terms ranging from 26 to 37 months.
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Drukair, the national airline of Bhutan, has signed a significant Purchase Agreement with Airbus for the acquisition of five new aircraft.
Frontier Airlines posted a strong third quarter in 2024, reporting a 6% increase in operating revenue to $935 million. The airline’s adjusted pre-tax income margin reached 2.9%, supported by an improved revenue per available seat mile (RASM) of 9.28 cents, a result of strategic capacity adjustments and cost-saving initiatives. With a capacity growth of 4%,…
In a strategic move to enhance domestic connectivity, TACV Cabo Verde Airlines has entered into agreements to lease two ATR 72-600 aircraft, bearing serial numbers 1512 and 1514, from TrueNoord, a Netherlands-based regional aircraft lessor. Each lease is set for an eight-year term.
ORIX Corporation (Japan) has announced significant leadership changes within its aviation group, highlighting its focus on strengthening its global executive team. James Meyler, currently serving as CEO of ORIX Aviation (Ireland) Group, has been promoted to the role of Group Executive, ORIX, Japan, while retaining his CEO position. This strategic move underscores the corporation’s confidence in Meyler’s leadership and…
Frontier Airlines, a U.S.-based ultra-low-cost carrier, has taken delivery of a new Airbus A321neo, identified by serial number 12527. The aircraft is powered by Pratt & Whitney PW1133G-JM geared turbofan engines, known for their enhanced fuel efficiency and lower emissions compared to previous-generation engines.
Xiamen Airlines, one of China’s largest privately owned carriers and a subsidiary of the China Southern Airlines Group, has taken delivery of a Boeing 737-8, identified by serial number 64680. The aircraft is powered by LEAP-1B engines from CFM International, which deliver cutting-edge fuel efficiency and emissions reduction benefits.
