Air India Express Plans Major Fleet Expansion Amid Expected Capacity Surge

ByAdmin 30/03/202501/04/2025

Air India Express (AIX), under the guidance of Managing Director Aloke Singh, is preparing for a significant expansion in the coming years, reflecting broader growth across the Indian aviation sector. According to Singh, capacity is expected to outpace demand among Indian carriers, prompting strategic fleet enhancements.

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Airbus | Airlines | Flag Carrier | Fleet | Management

SriLankan Airlines Explores Debt Refinancing Before A330 Fleet Renewal

ByAdmin 20/02/202521/02/2025

SriLankan Airlines CEO Richard Nuttall is exploring refinancing options to restructure the airline’s debt, which would serve as a preliminary step before any A330 fleet renewal. The carrier is also considering doubling its total fleet size to 50 aircraft, signaling a potential long-term expansion strategy.

Airlines | Financial | Low Cost Carrier | Quarterly Performance

Jazeera Airways Posts 66% Profit Increase in 3Q 2024

ByAdmin 05/11/202407/11/2024

Jazeera Airways, Kuwait’s leading low-cost airline, reported a strong financial performance for the third quarter of 2024, with a 66.1% increase in net profit, reaching $37.8 million. The airline’s Group operating revenue also grew by 5.7% year-over-year, totaling $211 million. This substantial profit growth underscores Jazeera Airways’ successful strategies in managing operational efficiency and capitalizing…

Corporation | Financial | Lessor | Quarterly Performance

Air Lease Reports 4Q 2024 Highlights

ByAdmin 08/01/202512/01/2025

Air Lease Corporation (US) has revealed its key activities for the fourth quarter of 2024, showcasing significant progress in its operations and financial strategies. The company delivered 18 new aircraft to its customers and successfully completed the sale of 14 aircraft to third-party buyers, generating $540 million in proceeds.

Airlines | Crisis | Financial

GOL Requests Approval for Settlement Agreement in Chapter 11 Case

ByAdmin 01/12/202404/12/2024

GOL (Brazil), currently undergoing Chapter 11 bankruptcy proceedings, has announced plans to request authorization from the Bankruptcy Court to enter into a settlement agreement with Brazil’s Attorney General’s Office of the National Treasury and the Special Secretariat of the Federal Revenue. This move represents a critical step in GOL’s ongoing restructuring process.

Fly2Sky Takes Delivery of A320 on Wet Lease from Aerovista

ByAdmin 08/11/202412/11/2024

Fly2Sky, a Bulgarian airline, has taken delivery of an A320, serial number 3570, through a wet lease agreement with Aerovista (UAE). The aircraft, powered by V2527E-A5 engines, adds to Fly2Sky’s operational capacity, allowing it to serve increased demand effectively.

Air Cairo Takes B737-800 on Wet Lease, Plans Six A320ceo Acquisitions

ByAdmin 08/04/202508/04/2025

Air Cairo, the Egyptian hybrid carrier and subsidiary of EgyptAir, has taken delivery of a Boeing 737-800, serial number 40146, on wet lease from SkyUp Airlines of Ukraine. The aircraft will support the airline’s regional and charter operations during a period of fleet expansion and transition.

Airbus | Airlines | Flag Carrier | Fleet | Management

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