Avation, the Singapore-based leasing company, has announced the delivery and sale of a new ATR72-600 to an undisclosed airline in the Caribbean. The transaction resulted in approximately $5 million in net cash proceeds, marking a successful and profitable disposal for the lessor.
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In a move to elevate aviation standards, Kyrgyz President Sadyr Japarov has signed a decree introducing a moratorium on the registration and issuance of operator certificates for new airlines. This decision aims to strengthen Kyrgyzstan’s national aviation system, bringing it in line with international safety and operational requirements. By temporarily halting new certifications, the government…
Etihad Airways, based in the United Arab Emirates, reported a strong first quarter 2025 financial performance, with net profit rising 30% to $187 million, driven by robust demand and strategic cost control. The airline also posted a 15% increase in revenue, reaching $1.8 billion for the quarter.
Air Europa has formally agreed to a €300 million (approximately $349 million) investment offer from Turkish Airlines in exchange for a minority stake in the Spanish carrier. The strategic move is designed to bolster Turkish Airlines’ reach into the Latin American market, a region where it seeks deeper connectivity despite the two carriers belonging to different global alliances—SkyTeam for Air Europa and Star…
flyadeal is preparing to expand its all-Airbus narrowbody fleet with the delivery of a new Airbus A320neo, continuing its strategy of operating a young, fuel-efficient fleet to support growth in the Saudi domestic and regional market. The aircraft, identified by manufacturer serial number 12715, will carry the registration HZ-FBP. Classified as an A320-251N, it will be powered by a pair…
Braathens Regional Airways, based in Sweden, has taken delivery of one ATR72-600 aircraft under a lease agreement, signaling continued investment in regional fleet modernization. The aircraft carries manufacturer serial number 1262and is equipped with PW127M engines, a proven turboprop model manufactured by Pratt & Whitney Canada.
Wizz Air, based in Hungary, has provided insights into its sale/leaseback plans, forecasting a moderate increase in activity for 3Q and 4Q compared to 2Q, followed by a substantial ramp-up in fiscal 2026 as more transactions come into effect. The airline’s sale/leaseback strategy is designed to support fleet flexibility and financial liquidity, helping Wizz Air to manage capital costs effectively as…
