Airbus Extends Financial Aid To Spirit AeroSystems

ByAdmin 20/07/202522/07/2025

Airbus has committed to providing an additional $94 million in financial support to Spirit AeroSystems, increasing its total assistance to the U.S.-based aerostructures manufacturer to $152 million. This move comes amid efforts to stabilize production and supply chain challenges that have impacted major aircraft programs, particularly the A220 and A320neo families for which Spirit is a key supplier.

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Airbus | Airlines | CFM International | Delivery | Fleet

China Southern Takes Delivery of Airbus A321neo

ByAdmin 04/08/202505/08/2025

China Southern has officially taken delivery of a new Airbus A321neo aircraft, further expanding its modern fleet with one of the most efficient narrow-body jets on the market. The aircraft, an A321-251NX variant bearing manufacturer serial number 12603, was delivered by Airbus to support the airline’s growth in regional and domestic markets.

Airlines | Financial

S7 Airlines Reports Decline in Net Profit Despite Revenue Growth

ByAdmin 02/04/202503/04/2025

S7 Airlines, one of Russia’s premier carriers, experienced a significant drop in net profit by 33.5%, totaling $166.6 million for the year 2024, despite a marginal revenue increase of almost 1% to $2.2 billion.

Airlines | Bankruptcy | Financial

Azul Appoints SkyWorks Capital Amid Chapter 11

ByAdmin 15/07/202517/07/2025

Azul, one of Brazil’s leading airlines, has formally appointed SkyWorks Capital, a U.S.-based financial advisory firm, to serve as its Fleet Restructuring Financial Advisor during the carrier’s ongoing Chapter 11 bankruptcy proceedings. This strategic engagement signals Azul’s intent to restructure its fleet obligations in a way that supports long-term operational sustainability and cost reduction.

Corporation | Financial

TUI Group Reports 12% Revenue Growth for 2024

ByAdmin 12/12/202413/12/2024

TUI Group (Germany), a global leader in tourism and travel, has reported a strong financial performance for 2024. The company’s revenue grew by 12% to reach $24.4 billion, underscoring its recovery and growth momentum in the post-pandemic travel industry. The group also recorded an Underlying EBIT of $1.3 billion, reflecting its strategic focus on operational efficiency and market expansion.

Nesma Airlines Leases A320 Powered by IAE V2527‑A5 Engines

ByAdmin 09/06/202510/06/2025

Nesma Airlines (Egypt) has taken delivery of a leased Airbus A320, serial 5326, equipped with IAE V2527‑A5 engines. This addition supports the airline’s efforts to expand capacity within its regional network and respond to growing passenger numbers.

Airlines | Cargo | Partnership

Air Premia Signs Interline Deal With Amazon Air Cargo

ByAdmin 13/07/202516/07/2025

Air Premia has taken a strategic leap forward in its global cargo operations by signing an interline agreement with Amazon Air Cargo, marking a significant milestone in the South Korean carrier’s ambitions to penetrate the US cargo market. This partnership is expected to streamline logistics by allowing cargo shipments to be seamlessly transferred between Air Premia and Amazon’s…

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