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Aeolus Engine Services Schedules Winding Up Petition Hearing Against Dana Air

ByAdmin

Aeolus Engine Services, an Irish aviation services provider, is set to appear before the Federal High Court of Nigeria on 18 November 2024 for a hearing regarding its Winding Up petition against Dana Air, a Nigerian airline. The petition follows lease arrears accumulated by Dana Air, prompting Aeolus to pursue legal action in an effort to recover owed amounts. This case underscores the financial and operational challenges faced by some airlines in maintaining their lease agreements amidst fluctuating market conditions.

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Korean Air Takes Delivery of A350-900

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Korean Air has enhanced its fleet with the delivery of a new Airbus A350-900, showcasing its commitment to modernizing its operations and improving passenger experience. The aircraft, bearing serial number 689, is powered by the highly efficient Trent XWB-84 engines, recognized for their outstanding fuel efficiency and environmental performance.

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Badr Airlines Adds B737-800 From Ethiopian Airlines

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Badr Airlines, a passenger and cargo carrier based in Sudan, has taken delivery of a Boeing 737-800 aircraft bearing the manufacturer serial number 41158. The aircraft is owned by Ethiopian Airlines, which is one of Africa’s largest aviation groups and a major lessor in the region. This latest addition brings Badr Airlines’ fleet size to nine aircraft, supporting the airline’s growing…

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Luxair Reports $153M Net Profit For 2024

ByAdmin

Luxair, the national airline of Luxembourg, reported a net group profit of $153 million for 2024, demonstrating strong operational performance in a competitive regional aviation landscape. The year’s overall revenue slightly declined to $801 million, yet the airline maintained profitability through careful cost control and stable passenger demand.