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Air Canada Completes $436M Share Buyback Offer

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Air Canada has released preliminary results for its recently concluded substantial issuer bid, part of its ongoing efforts to enhance shareholder value and optimize capital structure. The airline had invited shareholders to tender their Class A Variable Voting Shares and Class B Voting Shares, offering to buy back up to $436 million worth of shares at prices ranging from $13.40 to $15.20 per share.

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Southwest Airlines Expands Fleet with Boeing 737-8 Delivery

ByAdmin

Southwest Airlines (US) has expanded its fleet with the delivery of a Boeing 737-8, serial 42611, powered by CFM International LEAP-1B28 engines. This addition aligns with Southwest’s ongoing fleet modernization strategy, ensuring greater fuel efficiency, operational flexibility, and environmental benefits.

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flyadeal Takes Delivery Of Two A320s On Wet Lease From Cebu Pacific

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flyadeal, the Saudi low-cost carrier and subsidiary of Saudi Arabian Airlines (Saudia), has taken delivery of two Airbus A320 aircraft on wet lease from Cebu Pacific of the Philippines. The aircraft, identified by manufacturer serial numbers (MSNs) 5515 and 5179, are powered by CFM International CFM56-5B4/3 engines.

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Airzena Takes Delivery of B737-900ER Powered by CFM56-7BE

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Airzena, the flag carrier of Georgia, has expanded its fleet with the delivery of one Boeing 737-900ER, bearing serial number 41534. The aircraft is on lease and is powered by CFM56-7BE engines, further enhancing the airline’s medium-haul capabilities as it continues its post-pandemic recovery and regional growth strategy.

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Lufthansa Cityline Staff Representatives Sue Lufthansa Group Over City Airlines

ByAdmin

Lufthansa Cityline staff representatives have filed a lawsuit against the Lufthansa Group in Germany, challenging the establishment of its planned replacement airline, City Airlines. The lawsuit, initiated by the staff representatives, reflects growing concerns among Cityline employees regarding job security, working conditions, and the potential impact on the current workforce. Lufthansa Group’s decision to launch City Airlines as a…

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United Express Adds Embraer E175 to Fleet

ByAdmin

United Express, the regional arm of United Airlines, has expanded its fleet with the addition of an Embraer E175, identified by serial number 17000983. The aircraft is operated by SkyWest Airlines and powered by CF34-8E5 engines, enhancing United Express’s regional connectivity and operational efficiency.