AirAsia, a leading low-cost carrier based in Malaysia, has taken delivery of an Airbus A321neo, identified by serial number 12154. The aircraft is powered by LEAP-1A32 engines, renowned for their efficiency and environmental performance. In order to view the full content as well as having access to our archives and receiving the daily newsletter, please REGISTER .
Thai Airways International has undergone a significant shareholding restructure as part of a debt-to-equity conversion, altering the composition of its major shareholders. This move is a key element of Thai Airways’ broader restructuring plan aimed at improving its financial stability and positioning the airline for long-term recovery.
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…
QantasLink (Australia) has received the first of its planned 14 Q400 turboprop aircraft, marking a significant milestone in its fleet expansion strategy. The aircraft, with serial 4447, previously served WestJet Encore and has been transitioned to QantasLink to enhance its regional connectivity and operational efficiency.
Azul, one of Brazil’s leading airlines, has rejoined the Brazilian Airline Association (ABEAR) after a five-year hiatus. Azul initially left the association amid disagreements with rival airlines, but this decision to return marks a renewed commitment to collaboration within Brazil’s aviation industry. By rejoining ABEAR, Azul signals a positive shift toward unified efforts in addressing…
Spirit Airlines, a prominent low-cost carrier in the United States, has received approval from the US Bankruptcy Courtto complete the sale of 23 Airbus aircraft, comprising A320 and A321 models, to GA Telesis (GAT), a leading aviation solutions company. This transaction marks a significant development in Spirit Airlines’ restructuring efforts.
CemAir, a South African regional carrier, has been directed by the South Gauteng High Court to return equipment leased from Swissport South Africa within five days. The court ruling follows the carrier’s failure to extend its existing leasing contract with Swissport.
