Air Montenegro has announced that it has wet leased one Airbus A320 (serial number 4973) from Danish Air Transport (DAT). The lease agreement is in place until at least 10 June 2025, highlighting the airline’s efforts to maintain operational flexibility and meet passenger demand during the busy summer season.
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Uzbekistan Airways has expanded its fleet with the addition of a third L410 aircraft, dedicated to strengthening regional air transportation through its subsidiary, Silk Avia. This strategic acquisition is focused on improving connectivity within Uzbekistan, particularly in areas where air travel offers a practical alternative to long road journeys. By bolstering its regional capabilities, Uzbekistan Airways aims to foster…
airBaltic has released its financial results for the first quarter of 2025, showing a relatively stable revenue performance alongside a notable improvement in profitability. The Latvian flag carrier posted revenues of $148.6 million, reflecting a marginal 0.3% increase compared to the same period in the previous year. Despite minimal revenue growth, the airline demonstrated considerable cost management and operational…
GOL Airlines, a major Brazilian carrier, has reported its financial results for the year 2024, showing a mixed financial performance with a slight increase in total net revenue and a substantial net loss. The airline’s total net revenue for the year was up by 1.9%, reaching US$3.3 billion, while the net loss for the year stood at $1.0…
AEI Aeronautical Engineers (US) has announced that its client, Allied Air of Nigeria, has taken ownership of a second AEI B737-800SF, identified by serial number 30146. The acquisition was finalized through a third-party transaction, reinforcing Allied Air’s commitment to expanding its freighter capacity. Allied Air, a leading cargo carrier in Nigeria, aims to grow its fleet of AEI-converted B737-800SF freighters to…
Hyundai Glovis, a major shareholder in South Korea’s Air Incheon, is set to evaluate its preemptive acquisition rights for the airline. This decision will be made based on Air Incheon’s advancements in operational improvements, the profitability of Asiana Cargo, and planned aircraft replacements, all of which are key indicators of the airline’s future potential and…
Mango Airlines (South Africa) faces uncertainty as the Air Services Licensing Council plans to cancel the carrier’s air services licenses. Despite this setback, potential buyers of the airline are exploring a relaunch in partnership with another airline to revive its operations.
