Air Lease Corporation has announced long-term lease agreements with the upcoming luxury carrier Magnifica Air for a total of six new Airbus aircraft, comprising four Airbus A220-300s and two Airbus A321-200neos. The aircraft are scheduled for delivery in 2027, supporting Magnifica Air’s launch plans and entry into the premium air travel market.
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British Airways, the flag carrier of the United Kingdom, has expanded its narrowbody fleet with the delivery of an Airbus A320neo, identified by serial number 12453, powered by LEAP-1A26 engines from CFM International. The aircraft will support high-frequency European operations and fleet renewal efforts.
Norwegian, the low-cost carrier based in Norway, has announced that it will discontinue its route between Evenes and London after only two months of service. The decision to drop the route comes as a result of insufficient demand, which made it unsustainable to continue operations. The short-lived route highlights the challenges airlines face in assessing and adapting to market demands,…
Air Lease Corporation (ALC) has announced its operational highlights for the second quarter of 2025, showcasing continued activity in both deliveries and aircraft sales. The company delivered 12 new aircraft from its orderbook, reflecting robust demand from airline customers and healthy pipeline execution.
Airbus has achieved a significant milestone, delivering more than 80 aircraft in November 2024, according to industry sources. This sharp increase in deliveries supports the manufacturer’s ambitious goal of delivering 770 jets for the entire year.
Norwegian Group has posted a net loss of $73.4 million for the first quarter of 2025, based on operating revenue of $639 million. The report reflects ongoing cost pressures and seasonal demand fluctuations typical of the first quarter, particularly in Europe’s low-cost air travel sector.
