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Air Arabia Takes Delivery of Leased A320

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Air Arabia (UAE) has expanded its fleet with the delivery of one A320, serial 7426, on lease. The aircraft is powered by CFM56-5B4/3 engines, which offer reliability and efficiency in operations. This addition aligns with Air Arabia’s commitment to enhancing its fleet capacity and meeting increasing passenger demand across its network.

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Azul Secures $500 Million in Financing Through Superpriority Notes

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Azul (Brazil) has unveiled additional details regarding its financial transactions, highlighting agreements to raise up to $500 million through the issuance of superpriority notes. This funding initiative is part of Azul’s strategy to strengthen its financial position and support its ongoing operations.

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T’Way Air Expands European Service with Boeing 777-300ER

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Korean airline T’Way Air has announced an expansion of its European network starting April 2025, with additional flights and the introduction of Boeing 777-300ER aircraft on certain routes. Flights from Seoul Incheon to Frankfurt will increase from four to seven weekly by the end of May, operated with the Airbus A330-200. Additionally, T’Way will upgrade…

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Air Canada Announces 2028 Financial Targets

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Air Canada has unveiled its 2028 financial targets, outlining ambitious goals that include achieving US$21 billion in operating revenues, a minimum adjusted EBITDA margin of 17%, and approximately 5% free cash flow margin. These targets highlight the airline’s focus on long-term profitability and sustained financial growth.

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SunExpress and Austrian Airlines Partner for Codeshare on Key Routes

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SunExpress, a joint venture between Turkish Airlines and Lufthansa, has strengthened its connectivity with Austria by establishing a codeshare agreement with Austrian Airlines. This partnership allows both airlines to expand their route networks and offer passengers greater flexibility and seamless travel options between Austria and key destinations in Turkey. Under the new agreement, Austrian Airlines…

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IndiGo Secures Approval to Extend Wet Lease of 11 A320s from SmartLynx Airlines

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IndiGo, India’s largest airline, has received approval from the Indian government to renew the wet lease of 11 Airbus A320 aircraft from Latvia-based SmartLynx Airlines. This renewal aims to support IndiGo’s operational needs as the carrier addresses an Aircraft on Ground (AOG) issue caused by recurring engine snags affecting its fleet. The wet lease agreement…