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Aero Contractors Urges Interest Rate Reversal to Benefit Nigerian Airlines

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Aero Contractors (Nigeria) CEO Ado Sanusi has urged the Federal Government to reverse the current high interest rates affecting businesses in the country. Sanusi emphasized that a reduction in interest rates is crucial for Nigerian airlines to fully benefit from the Cape Town Convention protocol, which aims to facilitate asset-based financing and leasing for aircraft.

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Mesa Air Group Reports Loss Amid Revenue Decline In Q2

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Mesa Air Group, a U.S.-based regional airline operator, announced a net loss of $58.6 million for the second quarter of fiscal 2025, alongside a 28.0% decrease in total operating revenues, which fell to $94.7 million. The sharp decline reflects ongoing challenges in regional aviation markets and reduced block hours with major partners.

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Spectre Cargo Accuses SpiceJet of Removing Engines

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Spectre Cargo Solutions (US), through its Irish affiliates, has accused SpiceJet (India) of removing engines from leased Boeing 737 freighters (B737Fs) in what it claims is a breach of lease agreements. The allegations add to the ongoing challenges faced by SpiceJet regarding its leased aircraft management and operational practices.

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Southwest Airlines Enhances Fleet with New B737-8 Delivery

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Southwest Airlines, a major American airline known for its extensive domestic network, has recently taken delivery of a new Boeing 737-8. This aircraft, bearing serial number 68633, is powered by LEAP-1B28 engines, which are part of the latest generation of jet propulsion technology offered by CFM International.

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Lufthansa Urges Suspension of EU-Qatar Air Transport Agreement

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Lufthansa, Germany’s flagship carrier, has urged the European Commission to suspend the EU-Qatar air transport agreement, citing concerns over its “radically unequal” terms and serious corruption allegations. The agreement, which liberalizes market access between the EU and Qatar, has come under increased scrutiny in recent months.