Air New Zealand Plans Aircraft and Engine Leases Amid Fleet Challenges

ByAdmin 21/02/202524/02/2025

Air New Zealand is preparing for potential operational disruptions in 2H 2025, as it anticipates up to 11 aircraft being grounded at various points due to ongoing maintenance and supply chain constraints. To mitigate these issues, the airline is securing two additional leased engines, supplementing its previously announced two leased A321s, all expected to enter service before the end of the year.

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Airlines | Financial

flydubai Reports Record Profit of $674M for 2024, Up 16%

ByAdmin 24/02/202503/03/2025

flydubai has announced a record profit before tax of $674 million, a 16% increase from the previous year, for the financial year ending December 31, 2024. The airline also saw a 15% rise in revenue, reaching $3.5 billion, reflecting robust demand and network expansion.

Airbus | Airlines | Network

Discover Airlines to Launch Frankfurt–Larnaca Route

ByAdmin 27/11/202401/12/2024

Discover Airlines (Germany) has revealed plans to launch a new Frankfurt–Larnaca route, with operations set to commence on 26 October 2025. The flights will be operated by the airline’s Airbus A320, further enhancing its network across Europe.

Airlines | Management

Alma Air Appoints Rupert Stebbings as CEO Ahead of 2025 Launch

ByAdmin 01/11/202404/11/2024

Alma Air, a new Colombian airline preparing for its official launch in the first quarter of 2025, has appointed Rupert Stebbings as Chief Executive Officer, effective immediately. Previously serving as Chief Commercial Officer (CCO), Stebbings will now lead the company’s overall strategic direction while continuing to oversee its commercial strategy. This dual role reflects Alma…

ACMI | Airbus | Airlines | Delivery | Sale

AviaAM Leasing Sells A320 (Serial 5089) to Thai SmartLynx

ByAdmin 05/02/202506/02/2025

AviaAM Leasing has successfully completed the sale of an Airbus A320, bearing serial number 5089, to Thai SmartLynx. This transaction marks the first aircraft addition to Thai SmartLynx’s fleet, supporting the airline’s entry into the Thai aviation market.

Airlines | Credit | Financial

Fitch Downgrades Spirit Airlines’ Credit Rating to ‘CC’

ByAdmin 17/11/202419/11/2024

Fitch Ratings has downgraded the long-term credit rating of Spirit Airlines from ‘CCC’ to ‘CC’, signaling heightened financial distress and the likelihood of a near-term default. This latest downgrade places Spirit Airlines below other low-cost carriers (LCCs) in North America, reflecting concerns about the airline’s financial stability.

Airbus | Airlines | Delivery | Fleet | Leasing

CALC To Lease Two A321neo Aircraft To Uzbekistan Airways

ByAdmin 11/06/202512/06/2025

CALC (China Aircraft Leasing Group) has finalized a lease agreement with Uzbekistan Airways for two Airbus A321neo aircraft, both of which are scheduled for delivery in 2026. These aircraft will be sourced from CALC’s direct orderbook with Airbus, reflecting the leasing firm’s robust portfolio of new-generation aircraft.

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