Indian low-cost carrier SpiceJet has resolved its longstanding dispute with Shannon Engine Support (SES), an Ireland-based engine leasing company, through a settlement agreement valued at $2 million.
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Deerjet MENA FZCO has announced the appointment of Carlos Schattenkirchner as its new Chief Commercial Officer (CCO). In this strategic leadership role, Schattenkirchner will oversee all commercial operations and lead strategic growth initiatives across the Middle East, Europe, and Africa, reinforcing the company’s position in the dynamic business aviation market.
China Airlines, the flag carrier of Taiwan, recorded a robust financial performance in the first quarter of 2025, with net profit rising 36.5% year-on-year to reach $153.7 million. The airline also reported total sales of $1.74 billion, reflecting strong recovery trends across both passenger and cargo operations.
The Moscow Arbitration Court has issued an order requiring Yakutia Airlines, a Russian carrier, to pay $2.6 million to VTK-Avia as part of a partial settlement in a debt recovery case. The case centers on a 2017 lease agreement for two SSJ100 aircraft, with VTK-Avia seeking compensation for unpaid dues under the lease terms. This ruling marks a significant step in resolving a longstanding financial dispute, with…
Air India has taken a significant step in its fleet modernization with the delivery of its first Airbus A350-1000 aircraft. The jet, registered as VT-JRO, carries manufacturer serial number (MSN) 719 and is powered by two Rolls-Royce Trent XWB-97 engines, marking a milestone in the airline’s widebody fleet expansion strategy.
Etihad Airways Records Highest Passenger Numbers in Its History in 2025, as the Abu Dhabi-based carrier reported strong year-on-year growth across passengers, capacity, and network reach. The airline carried 22.4 million passengers during the year, representing a 21% increase compared with 2024 and marking the highest annual total since its inception.
Bangkok Airways, a regional airline based in Thailand, is evaluating options to replace its aging fleet of 11 Airbus A319s and two A320s with either the Airbus A220 or the Embraer E2. A final decision is expected by the end of 2024, with aircraft deliveries anticipated to begin in 2026 at the earliest. This move reflects Bangkok Airways’ commitment to modernizing its fleet and enhancing operational…
