Air Mauritius has announced the return of its seasonal direct flights between Geneva, Switzerland, and Mauritius for the winter 2024-2025 season.
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Aviation Capital Group (ACG), a leading U.S.-based aircraft lessor, has announced the delivery of one Airbus A321neo to Wizz Air, the Hungarian ultra-low-cost carrier. This aircraft is the sixth unit delivered to Wizz under a multi-aircraft sale/leaseback agreement, further cementing the relationship between the two companies.
Finnair, the national carrier of Finland, has announced the appointment of Pia Aaltonen-Forsell as its new Chief Financial Officer (CFO) and member of the Executive Board, effective August 1, 2025. Aaltonen-Forsell brings with her an extensive background in finance, leadership, and corporate governance, which is expected to contribute to Finnair’s post-pandemic recovery and growth strategy.
Avolon (Ireland) CEO Andy Cronin has highlighted a persistent production shortfall by aircraft manufacturers as a key factor shaping the aviation industry. Cronin asserts that this imbalance in supply and demand will continue to drive robust profits for airlines and lessors for at least the next decade.
AirAsia is reportedly in advanced negotiations to place a significant aircraft order for at least 100 Airbus jets at the upcoming Paris Airshow, marking a major step in the low-cost carrier’s fleet modernization and growth plans. The potential deal is expected to include Airbus A220 aircraft, while the airline is also evaluating Embraer’s E2 series as a competitive option.
Lufthansa is preparing for a leadership transition at the top of its Supervisory Board. Ahead of tomorrow’s board meeting, Johannes Teyssen was formally presented as the designated successor to Karl-Ludwig Kley, who will step down next year after more than a decade of service.
Asiana Airlines (South Korea) has successfully repaid $2.6 billion in loans received from the Export-Import Bank of Korea, the Key Industrial Stability Fund, and the Korea Development Bank. The repayment eliminates a major financial burden for the airline, positioning it for long-term stability and a smoother transition amid its planned merger with Korean Air.
