Avion Express, the Lithuanian ACMI and charter specialist, has taken delivery of an Airbus A320, serial number 4094, as part of a lease agreement. The aircraft is powered by V2527-A5 engines and will support the airline’s expanding global wet lease and charter operations.
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Aircraft Engine Lease Finance (AELF), a U.S.-based lessor specializing in aviation engines and components, has entered into a strategic partnership with Turbo Resources International, a major distributor of aftermarket aircraft parts. The agreement focuses on the consignment of AELF’s surplus aircraft and engine parts, enhancing inventory access for buyers and optimizing asset utilization.
Spirit Airlines (US) has secured $150 million in compensation from Pratt & Whitney, addressing financial losses stemming from GTF engine removals affecting its Airbus fleet. The airline anticipates further payments, as engine replacement and maintenance challenges are expected to continue through 2026 and beyond.
IndiGo, India’s largest airline by fleet size and passenger volume, has further expanded its narrowbody fleet with the delivery of a new Airbus A321neo. The aircraft, bearing serial number 12493, is powered by LEAP-1A32 engines developed by CFM International, continuing the carrier’s push for fuel-efficient and environmentally advanced aircraft.
Allegiant Air, the ultra-low-cost carrier based in the United States, has amended its 2021 agreement with Boeing for the acquisition of 50 new B737 MAX aircraft. Under the revised terms, fewer deliveries will occur in 2024 and 2025, with the adjusted timeline scheduling the completion of all deliveries by the end of 2027.
Compass Cargo Airlines (Bulgaria) is evaluating options to either enter into a CMI (Crew, Maintenance, and Insurance) arrangement on behalf of a customer or to acquire its own Boeing 777 Freighter (B777F) aircraft. This move underscores the airline’s ambitions to expand its capabilities and meet growing demand in the air cargo market.
