AerDragon (China) has completed the sale of one on-lease A320 aircraft to Crestone Air Partners (US). This transaction strengthens the US-based lessor’s aircraft portfolio, furthering its growth strategy in the global aircraft leasing market.
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The liquidation process for Jet Airways (India) is gaining momentum, with auctioned planes potentially being transferred to the Challenge Group, based in Malta. This development reflects a positive approach from both the lendersand the liquidator, who are working towards a resolution that maximizes asset recovery.
Cebu Pacific, the Philippines’ largest low-cost carrier, recently expanded its fleet with the addition of a new Airbus A321neo, serial number 12407. Powered by advanced PW1133G-JM engines from Pratt & Whitney, this latest acquisition marks a step forward in Cebu Pacific’s commitment to sustainability and operational efficiency. The A321neo, known for its fuel efficiency and…
IndiGo, India’s largest airline by market share, has appointed Mike Whitaker, the former Administrator of the Federal Aviation Administration (FAA), as an independent director to its board. The appointment brings a seasoned aviation leader with global regulatory experience into the airline’s governance framework.
Avolon Holdings (Ireland) has announced the early results of its previously launched debt tender offer, with the offer being upsized by 50% to US$1.2 billion. The decision to increase the tender offer reflects robust investor interest and the strong demand for Avolon’s debt instruments.
Air Serbia has suspended ticket sales for its Belgrade-Tianjin route, with the last flight set for November 5, 2024.
China Eastern Airlines has taken delivery of a new Airbus A320neo, as part of its ongoing fleet modernization initiative. The aircraft bears manufacturer serial number 12615 and is powered by LEAP-1A26 engines, a high-efficiency model developed by CFM International.
