Aviation Capital Group (ACG) has delivered the first of three Boeing 737‑8 MAX aircraft from its Boeing orderbook to Virgin Australia.
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Spirit Airlines, a prominent U.S.-based low-cost carrier, has been downgraded by S&P Global from ‘CCC’ to ‘D’following its Chapter 11 bankruptcy filing. The move reflects the airline’s financial struggles and the significant challenges it faces during its restructuring process. Additionally, the ratings on Spirit Airlines’ Enhanced Equipment Trust Certificates (EETCs) have been lowered by one notch.
Lufthansa City Airlines is preparing to welcome a new Airbus A320neo as part of its ongoing fleet expansion, reinforcing its role within the Lufthansa Group as a key operator for short- and medium-haul European routes. The upcoming aircraft, bearing manufacturer serial number (MSN) 12778, represents another milestone in the airline’s modernization and capacity growth strategy.
Air India is embarking on an extensive fleet retrofit and upgrade program to address supply chain challenges and enhance the lifespan of its aircraft. The carrier has begun retrofitting 13 A321s and is preparing to upgrade its B787-8 aircraft starting in July 2025.
Airbus has announced its delivery and order figures for the first two months of 2025, reporting a total of 65 aircraft delivered, which marks an 18% decline compared to the same period last year. This drop is attributed to supply chain adjustments and engine delivery delays, with the company prioritizing deliveries toward the latter half of the year.
Hainan Airlines (China) has acquired a B737-800, bearing serial number 41121, as part of its ongoing fleet enhancement. In addition, the airline has announced plans to reinstate three B737-800s, previously retired, back into active service. These aircraft, identified by serial numbers 28319, 28320, and 28321, will bolster Hainan Airlines’ operational capacity.
AirAsia Aviation Group, based in Malaysia, is in the advanced stages of finalizing a significant financial agreement that involves securing up to US$226 million in debt financing. This strategic financial move is being facilitated by an undisclosed domestic bank, with the primary aim of refinancing the group’s existing US dollar-denominated debt and allocating funds for various corporate…
