Royal Air Maroc (RAM), Morocco’s national airline, is reportedly on the verge of securing a significant aircraft deal with Airbus, aimed at enhancing its long and medium-haul fleet capabilities.
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Sun Country Airlines Holdings posted its financial results for the third quarter of fiscal 2024, showing a modest 0.2% increase in total operating revenue, totaling $249.5 million. Despite this slight revenue growth, the airline saw a sharp 69.1% decline in net income, ending the quarter with $2.3 million in profits. This decline in net income…
Icelandair has taken delivery of its first Airbus A321LR, marking a significant step in the airline’s fleet modernization strategy. The aircraft, bearing serial number 12213, is the first of four on lease from SMBC Aviation Capital. It is powered by Pratt & Whitney PW1133G-JM engines, known for their efficiency and lower emissions.
IndiGo (India) has taken delivery of a new Airbus A321neo, identified by serial number 12091. The aircraft is powered by LEAP-1A32 engines, reinforcing IndiGo’s position as one of the leading operators in the region with a modern and efficient fleet.
IBA Group, a UK-based aviation consultancy, has announced an expansion of its exclusive mandate to remarket Embraer E190AR aircraft, increasing the offering from three to four aircraft. The E190ARs, equipped with CF34-10E6 engines, are currently operational with an East African airline and are available for outright purchase. This expanded mandate reflects IBA Group’s reputation for…
Global Crossing Airlines (GlobalX), based in the United States, is shifting its focus toward passenger aircraft to meet rising demand, delaying a previously planned cargo aircraft delivery from the fourth quarter of this year to late 2025. This strategic decision allows GlobalX to allocate resources more efficiently toward expanding its passenger services, aligning with current market demand….
Stratos, a prominent aircraft investment specialist and asset manager, has delivered two Airbus A320ceos on long-term operating lease to Turkish Airlines. The delivery, announced on 25 November 2024, supports Turkish Airlines’ ongoing fleet expansion, further solidifying its position as the airline with the most extensive global network.
