Aerolineas Argentinas, the national carrier of Argentina, has reported a confirmed net profit of US$114 million for the year 2024. The figure was validated by the country’s Treasury Department, marking a significant financial milestone for the airline after years of fiscal challenges.
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Air Senegal has added an Airbus A320 to its fleet through a wet lease agreement with GetJet Airlines, a Lithuanian-based charter and wet lease specialist. This agreement allows Air Senegal to access the aircraft along with crew, maintenance, and insurance, providing immediate operational support without the need for additional internal resources. By bringing in an A320 under this arrangement, Air Senegal…
Pegasus Airlines, Türkiye’s leading low-cost carrier, has announced a significant expansion of its fleet with an order for 100 Boeing 737 MAX aircraft. This strategic move aims to modernize the airline’s single-aisle fleet, enhancing operational efficiency and supporting its growth ambitions in the competitive aviation market.
Etihad Airways (UAE) and Air Seychelles have announced a new codeshare agreement, which aims to improve connectivity between the two carriers via Abu Dhabi International Airport. This partnership is set to enhance travel options and convenience for passengers flying between the Middle East and the Indian Ocean region.
VSE Corporation, a leading provider of aftermarket distribution and maintenance services, has signed a definitive agreement to acquire Kellstrom Aerospace Group from AE Industrial Partners for $200 million.
China Eastern Airlines has taken delivery of two significant additions to its narrowbody fleet: one Airbus A321neo, serial 12657, and one COMAC C919, serial 00033. The A321neo is powered by LEAP-1A32 engines, while the C919 is equipped with LEAP-1C28 engines, both manufactured by CFM International.
Korean Air, South Korea’s flagship carrier, has successfully secured US$453 million in corporate bond demand forecasting, surpassing its initial target of $137 million by more than threefold. This remarkable interest reflects investor confidence in the airline’s financial stability and growth prospects.
