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AFG Aviation Leases Two CRJ1000s To Nigeria’s Cally Air

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AFG Aviation has announced the acquisition of two Bombardier CRJ1000 regional jets, identified by MSNs 19004 and 19009, from Regional One, further expanding its portfolio of high-demand regional aircraft. The aircraft have been placed on lease with Cally Air, the state-owned airline of Cross River State, Nigeria, in a move designed to enhance intra-regional air service and infrastructure across West Africa.

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Qatar Airways Cargo, IAG Cargo, and MAB Kargo Plan Joint Venture

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Qatar Airways Cargo, IAG Cargo of the UK, and MAB Kargo of Malaysia have jointly announced plans to establish a Global Cargo Joint Business, subject to regulatory approvals. The alliance aims to enhance service offerings, expand global reach, and optimize capacity across the networks of the three cargo operators.

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Avianca Takes Delivery of New Airbus A320neo for Fleet Expansion

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Avianca, Colombia’s flagship carrier, has recently taken delivery of a new Airbus A320neo, serial number 12100, equipped with advanced LEAP-1A26 engines. This latest addition reflects Avianca’s ongoing commitment to fleet modernization, focusing on operational efficiency and environmental sustainability. The LEAP-1A26 engines, produced by CFM International, are well-regarded for their fuel efficiency and reduced emissions, aligning…

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Tunisair Government Rescue Plan to Focus on Fleet Renewal

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Tunisair, Tunisia’s national carrier, is set to benefit from a government-initiated rescue plan, aimed at addressing the airline’s financial and operational challenges. A key focus of the plan is fleet renewal, as several aircraft in Tunisair’s current fleet are projected to reach the end of their operational life between 2029 and 2030.

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Argentina Settles Aerolíneas Argentinas Expropriation Case for $389.5M

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Argentina and the Titan Consortium (US) have reached a final settlement in the Aerolíneas Argentinas expropriation case, concluding a long-standing dispute over the airline’s nationalization. Under the terms of the agreement, Argentina is required to pay $389.5 million, which includes accumulated interest, as compensation to the Titan Consortium. This ruling brings closure to a significant legal and financial case concerning…

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Turkish Airlines Reports 2.9% Drop in October 2024 Passenger Numbers

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Turkish Airlines has announced its performance statistics for October 2024, revealing a 2.9% decline in passenger numbers compared to the previous year, totaling 7.1 million passengers. Despite this decrease in traffic, the airline maintained a load factor (LF) of 82.7%, indicating stable occupancy on its flights. Additionally, the airline reported a 4.8% increase in Available Seat Kilometers (ASKs), reflecting expanded capacity and route offerings.