airBaltic has reached a significant fleet milestone with the arrival of its 50th Airbus A220-300, bearing serial number 55329. This latest addition strengthens the airline’s position as a leading operator of the A220-300 and aligns with its strategy of operating a single-type fleet for greater efficiency.
Please SUBSCRIBE to view the full content.
Free trial available — 7 days on Monthly, 30 days on Annual!
Kelowna Flightcraft, a Canadian aviation company specializing in cargo and passenger operations, has expanded its fleet with the addition of an ATR72-500, identified by serial number 707. The aircraft is powered by PW127F engines, enhancing fuel efficiency and operational flexibility for the airline’s growing regional network.
Rex (Australia) has completed the sale of Air Partner’s (UK) 50% shareholding in National Jet Express (NJE) to entities controlled by the remaining shareholders of NJE. The proceeds from this transaction will be utilized by Rex to repay secured debt, contributing to its financial stabilization.
Sun Country Airlines has strengthened its financial position by raising $60 million through a new C-tranche appended to its 2019-1 Enhanced Equipment Trust Certificate (EETC). The airline used the full amount to pay down a significant portion of its term loan, which was financing five Boeing 737-900ER aircraft. This move reflects the airline’s strategy of optimizing its capital structure, reducing long-term debt obligations,…
Aircastle, a US-based aircraft leasing company, has announced the delivery of a Boeing 737-8, bearing serial number 60556, to WestJet of Canada. This aircraft is the first of three planned deliveries under a purchase leasebackarrangement, furthering the airline’s narrowbody fleet modernization while enabling efficient capital management. This transaction reflects the continued leasing activity between airlines and lessors as carriers look…
Tigerair Taiwan has officially appointed Huang Shih-hui as the new chairwoman of its board, marking a significant leadership transition at the country’s only low-cost carrier. The appointment signals a commitment to strengthening executive governance and advancing the airline’s strategic goals in the competitive East Asian market.
AFI KLM E&M and CFM International (US) have signed an agreement to purchase up to 10 spare LEAP-1A and LEAP-1B engines. These engines will bolster AFI KLM E&M’s portfolio of LEAP Premier MRO services, enabling the company to provide comprehensive maintenance, repair, and overhaul solutions to airline customers globally.
