Air Lease Delivers First Boeing 737-8 To Air Canada, marking the initial delivery in a five-aircraft lease agreement that supports the airline’s ongoing narrowbody fleet restructuring and modernization strategy.
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Turkish Airlines has announced a significant capital injection of $434 million into its subsidiary AJet, marking a strategic move to support AJet’s expansion and operational growth. The investment underscores Turkish Airlines’ commitment to enhancing the capabilities and market presence of its subsidiary.
Ryanair Holdings, the prominent low-cost airline group based in Ireland, has reported an 18% decrease in after-tax profit for the first half of its fiscal year 2025, totaling $1.9 billion. This comes alongside a modest 1% increase in total revenue, which reached $9.4 billion. Despite the profit decline, Ryanair remains committed to its financial strategies,…
Hainan Airlines has expanded its narrowbody operations with the recent delivery of a Boeing 737-8, also known as the 737 MAX 8. The aircraft, registered under manufacturer serial number (MSN) 64317, is powered by CFM International LEAP-1B engines, marking a continued commitment to modern and fuel-efficient fleet additions.
Air Premia recently announced the appointment of Kim Jae-hyun as its new CEO following an October 24 board meeting. Previously an internal director at Air Premia since 2023, Kim brings experience from his roles as a director at Tirebank Co., Ltd. and CEO of online media DT News 24. His promotion reflects Air Premia’s strategy…
Chengdu Airlines (China) has expanded its fleet with the delivery of two ARJ21-700 aircraft, identified by serials 10151 and 201. Both aircraft are powered by CF34-10A engines, enhancing the airline’s capacity to meet growing passenger demand.
Southwest Airlines, one of the largest low-cost carriers in the world and a dominant player in U.S. domestic aviation, has officially joined the International Air Transport Association (IATA). This development signifies a notable milestone in the airline’s evolution, aligning it more closely with global industry standards and practices.
