Air Greenland Leases A320neo From Carlyle Aviation Partners

ByAdmin 21/02/202524/02/2025

Air Greenland has entered into a six-year lease agreement with Carlyle Aviation Partners (Ireland) for the addition of an A320neo to its fleet. The aircraft is set to be delivered in December 2026 and will play a key role in enhancing connectivity between Copenhagen and Ilulissat’s new airport.

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Airlines | Sale

Air Belgium Seeks Acquisition Bids by November 15, 2024

ByAdmin 14/11/202418/11/2024

Air Belgium has announced that any offers to acquire part or all of its operations must be submitted by November 15, 2024. The airline, seeking stability amid strategic restructuring, aims to secure “solid and irrevocable” bids from interested parties. This deadline marks a significant step in Air Belgium’s plan to evaluate its operational future through potential new ownership, whether…

Airlines | Network

LIAT 20 to Launch Direct Flights Between Jamaica and Antigua

ByAdmin 17/12/202418/12/2024

LIAT 20, the Antigua-based airline, has announced the launch of direct flights between Jamaica and Antigua starting 20 December 2024. This new route marks a significant milestone in enhancing Caribbean regional connectivity ahead of the busy holiday travel season.

Financial | Lessor

ACG Reports Record Financial Results For 2025

ByAdmin 26/02/202603/03/2026

ACG Reports Record Financial Results For 2025, as Aviation Capital Group delivered its strongest financial performance to date, driven by portfolio expansion, strong leasing demand, and insurance recoveries linked to prior Russia-related exposures. The California-based aircraft lessor reported significant growth across earnings, assets, and fleet investment during the year ended December 31, 2025.

Corporation | Lessor | Management

Azorra Names Damon D’Agostino as Chief Business Officer

ByAdmin 08/01/202512/01/2025

Azorra, a US-based aircraft leasing and finance company, has announced the appointment of Damon D’Agostino as its Chief Business Officer (CBO). This newly created role underscores Azorra’s focus on expanding its business operations and driving strategic growth initiatives.

Airlines | Financial

China Eastern Cuts Net Loss by Nearly 50% in 2024

ByAdmin 30/03/202501/04/2025

China Eastern Airlines, one of the major carriers in Asia, has reported a substantial decrease in its net loss for the year 2024. The airline’s net loss was recorded at US$578 million, which represents a reduction of almost 50% from the previous year’s figures.

Airlines | Codeshare | Flag Carrier

Etihad and Air Astana Sign Codeshare Agreement

ByAdmin 26/11/202428/11/2024

Etihad Airways, the national carrier of the UAE, has officially signed a codeshare agreement with Air Astana, Kazakhstan’s flag carrier, effective November 26, 2024. This partnership is set to enhance connectivity between the two countries, offering passengers increased travel options and seamless connections.

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