airBaltic has taken the unusual step of filing for Chapter 11 financial restructuring in the United States as it faces mounting financial challenges but remains operational.
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SMBC Aviation Capital has successfully closed a $2 billion senior unsecured bond offering, underscoring its position as one of the world’s leading aircraft leasing platforms and enhancing its capital flexibility for future fleet and portfolio expansion.
Thai Airways Selects Trax And Aerostrat For Digital MRO as the flag carrier moves forward with a major modernization initiative aimed at transforming its maintenance, repair, and overhaul operations through advanced digital solutions. The airline has chosen Trax and Aerostrat, both subsidiaries of AAR CORP., to support the transition toward a fully integrated, data-driven MRO environment across its global operations.
Air Canada is set to significantly expand its global network, launching new direct flights from Vancouver to Guangzhou, and from Toronto to Oslo, Shannon, and Nice, marking a strategic push to connect Canada to major economic and tourism centers in China and Europe.
China Southern Airlines is set to resume its direct flights between Guangzhou and Nagoya on December 20, 2024, reestablishing an important link between China and Japan. The route, which will be operated by an Airbus A320, aims to meet the demand for both business and leisure travel between these major Asian cities as international travel…
Maldivian, the national carrier of the Maldives, is set to expand its operational capacity with the introduction of a leased Airbus A330-200, serial 1161, beginning 17 January 2025. This move marks a significant step forward for the airline as it ventures into widebody operations, bolstering its fleet with larger aircraft to meet growing demand.
Avolon, one of the world’s most prominent aviation leasing companies, has expanded its partnership with Centrum Air through a new agreement to lease five Airbus A320neo family aircraft. The deal, revealed during the Dubai Airshow, marks another key step in Centrum Air’s ongoing fleet expansion and reinforces Avolon’s growing role in supplying next-generation aircraft to fast-growing airlines…
