Air Cambodia is reportedly in the early stages of exploring a potential Initial Public Offering (IPO). The announcement indicates that discussions have been initiated but remain preliminary, with no firm timeline or financial structure yet disclosed.
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Lufthansa Technik, a global leader in aircraft maintenance and engineering services, and Air Canada have further strengthened their partnership by extending multiple exclusive maintenance agreements. The renewed contracts cover engine maintenance services for the CFM56-5B, and Total Component Support (TCS) for Boeing 777 and Boeing 737 MAX aircraft.
Silk Way West Airlines has extended its strategic services agreement with GE Aerospace, a move that underscores the carrier’s ambitions for growth and modernization in the global air cargo market. The comprehensive agreement covers maintenance for five Boeing 747-8F powered by GEnx-2B engines, six Boeing 777F with GE90-115B engines, and up to four upcoming Boeing 777-8F with GE9X engines. This collaboration secures long-term technical support while providing predictable cost…
Brazilian airline Azul has reached a major agreement with its existing bondholders, securing up to $500 million in additional funding and negotiating terms that could reduce its debt burden significantly.
VietJet, Vietnam’s low-cost carrier, is preparing to sign a US$200 million aircraft financing agreement with AV Air Finance (US) next week, signaling continued momentum in its ambitious fleet expansion plans. The deal is expected to support upcoming deliveries and fortify VietJet’s financial position as it accelerates growth across its regional and long-haul networks.
Vietnam Airlines, the national flag carrier of Vietnam, has taken delivery of a new Airbus A320neo, bearing serial number 12298. The aircraft, leased to enhance the airline’s fleet, is powered by PW1124G1-JM engines, known for their efficiency and performance.
Parata Air, a new entrant in the South Korean aviation market, has reached a significant milestone by securing its business license, setting the stage for its forthcoming operations. The airline is currently awaiting its Air Operator’s Certificate (AOC), which is expected to be finalized soon.
