Air Incheon (South Korea) has nearly finalized the financing required to acquire Asiana Cargo (South Korea). This critical funding milestone involved the participation of approximately ten companies and saw Hyundai Glovis (South Korea) spearhead the effort by raising a total of US$434 million.
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Surinam Airways has announced an extension of its leased A340-600 service on the Paramaribo (PBM) to Amsterdam (AMS) route. The flights, operated by USC (Germany), will continue until January 29, 2025, ensuring seamless connectivity between Suriname and the Netherlands.
Utair (Russia) has announced a significant organizational restructuring following shareholder approval for a merger with TS Technic (Russia). The decision marks a strategic move to consolidate operations and streamline services, particularly in maintenance and technical support. The merger, formally approved by Utair shareholders, is expected to provide operational synergies and cost efficiencies. TS Technic, a key player…
DAT, a Denmark-based airline, has officially retired its Airbus A320, identified by serial 839. The aircraft, which has served the airline for years, is now scheduled for dismantling.
Skymark Airlines reported a 25.8% decline in net income for the nine-month period ending December 2024, despite a 4.5% increase in operating revenues. The airline attributed the drop in profitability to rising operational costs, including higher fuel expenses, increased labor costs, and adjustments to fleet operations.
Andes Líneas Aéreas, an Argentine carrier, has added two Boeing 737-700 aircraft, with serial numbers 38125 and 38126, to its fleet through lease agreements. The aircraft are expected to strengthen Andes’ operational capacity and enhance its position in Argentina’s competitive domestic aviation market.
AerCaribe (Colombia) has expanded its fleet with the delivery of one Boeing B737-400SF. The aircraft, identified by serial 26526, is on lease and equipped with CFM56-3C1 engines. This addition strengthens AerCaribe’s capacity for cargo operations across its network.
